Inventory Turnover
How many times the average inventory is sold and replaced in a year.
Inventory and warehouse KPIs: inventory turnover, days of inventory, stockout rate, fill rate, pick accuracy, dock-to-stock time and carrying cost.
How many times the average inventory is sold and replaced in a year.
How many days the current inventory would last at the current rate of sales.
The share of items (or item-days) with no stock available when customers wanted them.
The share of ordered units (or lines) shipped from stock in the first shipment.
The share of counted locations where the system quantity matched the physical count.
The share of order lines picked with the right item and quantity.
The share of orders shipped with no picking, packing or labelling error.
How long received goods take from arriving at the dock to being available to sell.
How long the warehouse takes from receiving an order to shipping it.
How many units (or order lines) a picker handles per hour worked.
The warehouse cost (labour, space, equipment) to fulfil one order.
The yearly cost of holding inventory (capital, storage, insurance, shrink and obsolescence) as a share of its value.
The share of inventory value that has not moved for a long time (e.g. 12 months).
The share of inventory lost to theft, damage, errors or fraud.
The share of items whose stock is below their safety stock level.
The share of storage locations (or cubic space) in use.