Supply Chain KPIs
chevron_right
Excess Qty
Excess Qty
Excess Quantity
Get Started

The total inventory quantity which is in excess

KPI Definition

Excess quantity, as a pivotal metric within the framework of supply chain Key Performance Indicators (KPIs), pertains to the surplus inventory levels that surpass anticipated demand or operational requirements within the supply chain network. This metric encapsulates the disparity between the actual quantity of inventory on hand and the optimal level required to meet customer demand and operational objectives efficiently. Excess quantity can result from various factors, including inaccurate demand forecasting, over-ordering, production overruns, promotional overstock, or shifts in market dynamics

Business Value

A business should focus on not having too much excess quantity so as to save expenses.

Movement Direction

Sample Formula

SUM (Excess_Qty)

Should Aim For
1
This metric should move down ie., decrease with time
2
3
Track Similar KPIs
Reserved Inventory Quantity movement over time
This metric entails the analysis of changes in Reserved Inventory Quantity over time, spanning days, weeks, months, or accounting cycles, to assess the effectiveness of inventory management practices, demand forecasting accuracy, and operational efficiency within the supply chain ecosystem.
Untouched Inventory value
This metric encompasses the value of inventory items that have not undergone any significant movement, including sales, transfers, or consumption, within a designated timeframe.
Untouched Items
Untouched items serve as a critical indicator of potential inefficiencies, overstocking, or inadequate inventory management practices within the supply chain ecosystem
Untouched On Hand Good Quantity
Untouched On Hand Good Quantity serves as a critical indicator of potential inefficiencies, overstocking, or inadequate inventory management practices within the supply chain ecosystem
Max Inventory Value movement over timer presents the highest monetary worth of inventory assets that an organization aims to maintain within its supply chain network at any given time.
Max Inventory Value movement over time refers to the dynamic fluctuations and trends in the upper limit or maximum monetary worth of inventory assets that an organization aims to maintain within its supply chain network over a specified period.
Reserved Inventory Value movement over time
This metric entails the analysis of changes in Reserved Inventory Value over time, spanning days, weeks, months, or accounting cycles, to assess the effectiveness of inventory management practices, demand forecasting accuracy, and operational efficiency within the supply chain ecosystem
Reserved Inventory Value
This metric represents the total value of inventory items that have been designated for various purposes, including customer orders, production requirements, or strategic initiatives
On Hand Good Inventory Quantity movement over time
This metric entails the analysis of changes in On Hand Good Inventory Quantity over time, spanning days, weeks, months, or accounting cycles, to evaluate the effectiveness of inventory management practices, demand forecasting accuracy, and operational efficiency within the supply chain ecosystem.
On Hand Good Inventory Value
On Hand Good Inventory Value serves as a critical measure of inventory availability and financial investment within the supply chain ecosystem.
Reserved Inventory Quantity
Reserved Inventory Quantity encompasses inventory items that have been designated for various purposes, including customer orders, production requirements, or strategic initiatives.
On Hand Good Inventory Value movement over time
Monitoring On Hand Good Inventory Value movement over time provides valuable insights into inventory level optimization, stock replenishment strategies, and financial performance
On Hand Good Inventory Quantity
On Hand Good Inventory Quantity refers to the total quantity of goods or products physically available within the supply chain network at a specific point in time.
Not Moved Inventory Value
Not Moved Inventory Value refers to the monetary worth of inventory assets that have remained stagnant or inactive within the supply chain network for a specified period.
Min Inventoy Value movement over time
Min Inventory Value refers to the dynamic fluctuations and trends in the lowest monetary worth of inventory assets that an organization aims to maintain within its supply chain network over a specified period.
Min Inventoy Value
Min Inventory Value encompasses the monetary value of inventory assets across various categories, including raw materials, work-in-progress, and finished goods, based on factors such as demand variability, lead times, and service level agreements
Focus on insights.
Not data preparation!
Get Started Today
Ready to transform your business with data-driven decisions?
Get Demo
PRODUCT
Connect
Clean
Transform
Analyze
Report
Push AI
Security
Governance
Mobile
Pricing
SOLUTIONS
Marketing
Sales
Manufacturing
Service
Procurement
Production
LEARN
INSIA Hub
Blogs
Case Studies
ABOUT
About us
Contact us
Terms & Conditions
Privacy Policy
©2024 Aramse Technologies Private Limited. All Rights Reserved.
By using this website, you agree to the storing of cookies on your device to enhance site navigation, and analyze site usage. View our Privacy Policy for more information.
Okay
Find us on
By using this website, you agree to the storing of cookies on your device to enhance site navigation, and analyze site usage. View our Privacy Policy for more information.
Okay