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.
Get Started

The minimum inventory quantity moved over time

KPI Definition

Min Inventory Quantity movement over time, as a crucial metric within the realm of supply chain Key Performance Indicators (KPIs), 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. This metric entails the analysis of changes in the defined minimum inventory quantity over time, spanning days, weeks, months, or accounting cycles, to evaluate the efficacy of inventory management practices, demand forecasting accuracy, and operational efficiency within the supply chain ecosystem.

Business Value

This metric helps businesses analyses the minimum inventory and its movements with time

Movement Direction

Sample Formula

SUM (Min_Level)

Should Aim For
1
This metric should move up ie., increase with time
2
3
Track Similar KPIs
Focus on insights.
Not data preparation!
Get Started Today