Inventory accuracy
The accuracy of your inventory - actual versus book - can make or break your business over the long haul. This graphic will warn you that you may have a problem in either receiving, shipping, inventory identification, or accounting. Audience: Front-line, Managers, Executives Calculation: # of Items counted / # of Items books count = variance %
| | Order status This graphic reveals the status of all orders in your system and prioritizes them according to urgency. Making this real-time information available to sales, warehouse, purchasing, inventory control, customer service and accounting through your KPI Dashboard will drive your efficiency and improve productivity.
Audience: Managers, Executives Calculation: Anecdotal information: date order placed, current order status, shipment due date.
| | Inventory to sales ratio
Carrying too much inventory can be just as crippling as having too little. Setting, and performing to, optimal metrics will make profitability much easier than unnecessarily tying up your money in too much inventory or losing sales because of too little. Audience: Analysts, Executives Calculation: (Inventory value $) / (Sales value $) = I-S ratio
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