The amount of inventory stocked over time

KPI Definition

Inventory Value over time, as a cornerstone metric within the domain of supply chain Key Performance Indicators (KPIs), denotes the cumulative monetary worth of inventory assets held within the supply chain network over a specified period, typically measured in days, weeks, months, or accounting cycles. This metric encapsulates the dynamic fluctuations in the aggregate value of inventory due to factors such as procurement, production, sales, replenishment, and inventory management activities. Monitoring inventory value over time provides critical insights into the financial health, operational efficiency, and strategic alignment of inventory management practices within the supply chain ecosystem.

Business Value

This metric helps businesses analyses the amount associated with inventory as it moves with time