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.
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The on hand good inventory quantity or amount over time

KPI Definition

On Hand Good Inventory Quantity movement over time, as a crucial metric within the domain of supply chain Key Performance Indicators (KPIs), refers to the dynamic fluctuations and trends in the total quantity of goods or products physically available within the supply chain network over a specified period. 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.

Business Value

This metric helps businesses analyse the quantity of inventory on hand and how that quantity moves over time

Movement Direction

Sample Formula

SUM (On_Hand_Good)

Should Aim For
1
This metric should move up ie., increase with time
2
3
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