Get to know the vital terms of Logistics and Supply Chain Management.
Who charges: Usually not a fee, but a term used in corporate planning and analysis.
The ramp rate is the pace at which a specific statistic changes or grows over a given time period. It can be applied to a variety of business metrics, including sales, earnings, and margins. The ramp rate measures how quickly a firm or activity expands or improves its performance indicators.
Tips: Understanding the ramp rate of key performance indicators allows firms to plan growth, manage resources more efficiently, and discover possible areas for development. Monitoring ramp rates enables firms to modify plans and tactics in order to meet targets and react to changing market conditions.
