Rate of Inventory Items Incorrectly Located
Percentage
Assesses the rate at which items are not found in their designated or recorded locations. Mislocated items can disrupt the order fulfillment process, increasing the time to pick and ship products. Identifying and correcting these mistakes improves operational efficiency.
Formula
(Number of Mislocated Items / Total Number of Items Checked) x 100
Example
If 10 out of 200 items are not in their designated spot, the rate is 5%.