Supply Chain KPIs
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On Hand Good Inventory Quantity movement over time
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
Track Similar KPIs
Min Inventory Quantity
Min Inventory Quantity efers to the lowest acceptable quantity of inventory items that an organization aims to maintain within its supply chain network at any given time.
Min Inventory Quantity movement over time
Min Inventory Quantity movement over time refers to the dynamic fluctuations and trends in the lowest acceptable quantity of inventory items that an organization aims to maintain within its supply chain network over a specified period.
Max Inventory Value represents 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
Max Inventory Quantity movement over time
Max Inventory Quantity movement over time refers to the dynamic fluctuations and trends in the upper limit or maximum threshold of inventory levels that an organization aims to maintain within its supply chain network over a specified period.
Max Inventory Quantity
Max Inventory Quantity, represents the upper limit or maximum threshold of inventory levels that an organization aims to maintain within its supply chain network at any given time.
Inventory Value Not Moved for more than 60 days
Inventory Value Not Moved for more than 60 days refers to the monetary worth of inventory items that have remained stagnant and inactive within the supply chain network for a duration exceeding 60 days without undergoing any significant movement, including sales, transfers, or consumption.
Inventory Value Wrongly Procured
Inventory Value Wrongly Procured refers to the monetary worth of inventory items that have been acquired or procured erroneously, either in terms of quantity, specification, quality, or timing, resulting in misalignment with organizational requirements, operational objectives, or customer demand.
Inventory value with no Receipt info
Inventory value with no Receipt info refers to the monetary worth of inventory items within the supply chain network for which there is a lack of documented receipt information or traceability regarding their origin, acquisition, or entry into the inventory system.
Inventory value over time
Inventory Value over time 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.
Excess Qty
Excess Quantity
Time to receive
The duration elapsed from the initiation of an order placement to the moment of physical receipt of the goods or materials at the designated location within the supply chain network.
Dead Stock
This metric quantifies the monetary value or quantity of stagnant inventory that ties up valuable warehouse space, capital, and resources without generating revenue or contributing to operational objectives
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