Moving Company

Moving Company

Key Performance Indicator (KPI) for Moving Company

 
To name a few:

KPIs for moving companies (residential, commercial, long-distance, local) will affect some priorities, choose the KPIs most relevant to your niche.

Operational KPIs

  • Jobs Completed per Time Period: Number of moving jobs successfully completed within a given time frame (day, week, month). Primary metric of workload.
  • On-Time Completion Rate: Percentage of moves completed on or before the scheduled date and time.
  • Damage Rate: Percentage of moves resulting in damaged belongings. Minimize this to maintain reputation and avoid costs.
  • Truck/Vehicle Utilization: Percentage of time your moving trucks or vehicles are in use and generating revenue. Maximize utilization.
  • Fuel Efficiency: Track fuel costs per mile or per move. Good fuel efficiency reduces operating costs.

Customer-Focused KPIs

  • Customer Satisfaction Surveys (CSAT): Measure satisfaction with the moving process, crew professionalism, pricing, communication, etc.
  • Net Promoter Score (NPS): Tracks the likelihood of a customer recommending your moving services. High NPS reflects satisfied customers.
  • Repeat Business: Percentage of customers who use your services multiple times. Builds a loyal client base.
  • Online Reviews: Monitor reviews on platforms like Google, Yelp, or industry-specific sites. Understand how customers perceive your business.
  • Claims Rate: Track the number of claims filed by customers for lost or damaged items. Impacts both costs and reputation.

Sales & Revenue KPIs

  • Revenue Growth: Are your sales expanding or contracting over time? Track the health of your business.
  • Average Revenue per Move: Helps understand the profitability of your services.
  • Lead Conversion Rate: Percentage of inquiries or estimates that turn into actual moving jobs. Tracks sales process effectiveness.
  • Sales by Service Type: Analyze revenue generated by different types of moves (residential, commercial, long-distance, etc.). Helps you focus efforts.

Financial KPIs

  • Gross Profit Margin: Percentage of revenue remaining after direct costs of the move (labor, fuel, truck expenses) are accounted for.
  • Net Profit Margin: Percentage of revenue remaining after all expenses are accounted for. Measures overall profitability.
  • Overhead Costs: Track indirect operating expenses. These impact your overall profitability.

Additional Considerations

  • Seasonality KPIs: Track how revenue and demand fluctuate throughout the year due to moving season peaks and valleys. Plan accordingly!
  • Lead Sources: Track where leads come from (website, referrals, etc.), to optimize your marketing spend.