T87 Monthly value review
Monthly value review
What changed in the Fairhaven store operations improvement program in September 2026, set against the baselines agreed at kickoff, including the one benefit that cannot be measured yet. Prepared by Philippa Sinclair, program director at Ferncastle Operations Group, for Gareth Pryce, chief operating officer at Fairhaven Home Stores, and the Fairhaven finance lead. Each benefit sits beside its baseline and its latest measured value. A benefit with no agreed baseline is shown as not yet measurable, never as a change. The figures describe the state on Monday, September 28, 2026.
Sample template: the firm, people, clients and figures are fictional.
Benefits against their baselines
Three benefits are tracked, and baselines were agreed at kickoff in June for two of them. Those two have a baseline and a latest measure, and both were observed in the pilot stores. The third, shrink, has no baseline, so the review states no result for it.
| Benefit | Baseline agreed at kickoff | Latest measure | Change | Status |
|---|---|---|---|---|
| Out-of-stocks in the 12 pilot stores | 7.4 percent (June) | 5.9 percent (week of Sep 28) | 1.5 points lower | |
| Scheduled labor hours against plan | 104 percent | 101 percent (ten of the 12 pilot stores, September) | 3 points lower | |
| Shrink | None agreed | Not measured | No change can be stated |
Out-of-stocks in the pilot stores
Out-of-stocks in the 12 pilot stores were 5.9 percent in the latest week, against the June baseline of 7.4 percent, which is 1.5 points lower. This is an observed change in the pilot stores since the replenishment rules went live. It is not attributed to the rules, because a supplier change landed in the same weeks.
Live example from the Dashboards app, shown with Fairhaven Home Stores' demo data. Block dates move forward each week, so they can differ from the sample dates on this page.
By store group the picture is even: North stores moved from 7.1 to 5.6 percent, Central stores from 7.6 to 6.1 and Coastal stores from 7.5 to 6.0. Each group is 1.5 points lower than its June baseline. A move of the same size in every group does not tell us whether the rules or the supplier change caused it, so the review reports the move and stops there.
Live example from the Dashboards app, shown with Fairhaven Home Stores' demo data.
Scheduled labor hours against plan
Scheduled labor hours against plan moved from 104 percent at the baseline to 101 percent. The chart shows ten of the 12 pilot stores. The other two are held out of the labor totals until their own trackers match the program record, a decision of the Sep 24 steering meeting, so no labor result is reported for them.
Above plan means more scheduled hours than the store plan. Six of the ten stores are above plan: Store 104 by 4 points, Stores 117 and 119 by 3, Store 109 by 2, and Stores 121 and 102 by 1 each. Store 115 is on plan. Three are below plan: Stores 108 and 126 by 1 point each and Store 111 by 2. Across the ten stores that is one point above plan on average, the 101 percent above.
Live example from the Dashboards app, shown with Fairhaven Home Stores' demo data.
Shrink cannot be shown as a change yet
The shrink baseline was never agreed at kickoff, so there is nothing to measure September against. This review reports shrink as not yet measurable and states no result for it.
Two things stand in the way. The loss prevention data access dependency has no Fairhaven owner and was 12 days old on Sep 28. The shrink baseline method, owned by Saoirse Quigley and due Oct 23, starts only once that access is granted. Consequence: unless Gareth Pryce names an owner at the Oct 8 steering meeting, the baseline is unlikely to be agreed with the loss prevention lead before the November value review, and shrink is likely to be not yet measurable again in November.
I would rather show you one empty row than a number I cannot defend. The shrink row stays empty until the baseline is agreed.
Work completed in September
| Workstream | Completed in September | Still open |
|---|---|---|
| Replenishment | The pilot date reset to Oct 16 and confirmed by all 12 store managers. The order calendar now starts the new rules on Oct 16 | Store system data extract (34 days open). Planogram file for three pilot stores |
| Store labor scheduling | The two stores with mismatched figures held out of the totals and named as a gap. Owner for the shift template named on Sep 26 | Two store trackers to reconcile. Three shift template actions not started |
| Shrink reduction | Nothing completed. The change request for a store-level shrink dashboard was sent | No baseline. No Fairhaven owner for loss prevention data access |
| Distribution center flow | Carrier appointments confirmed for the first two wave 2 weeks. Receiving doors mapped to the new product groups | Slotting window dates for wave 2 |
Priorities for October
How to use this template
Build one review a month from completed work and the baselines agreed at kickoff. Show every claimed benefit beside its baseline, and show a benefit without a baseline as not yet measurable.
| Variable | Meaning | Required |
|---|---|---|
{{review.month}} | Month the review covers | Required |
{{benefit.rows}} | Each claimed benefit with baseline, latest measure and change | Required |
{{baseline.agreed_date}} | Date each baseline was agreed at kickoff | Required |
{{measure.latest_date}} | Date or week of the latest measure | Required |
{{attribution.note}} | What else changed in the same weeks, so the change is not attributed | Required |
{{gap.not_measurable}} | Benefits with no agreed baseline, with owner and date | Required |
{{work.completed_list}} | Work completed in the month by workstream | Optional |
{{priority.next_month}} | Priorities for the next month with owners and dates | Optional |
If a required value is missing, show Needs review in its place and hold the review; never fill it with a guess. If a latest measure cannot be read, show Unavailable and do not carry forward the last value.
The live Dashboards blocks on this page show the Fairhaven Home Stores demo profile. Point each block at your own client's profile, or remove it, before you share the page.