6 Inventory Accuracy & Integrity KPIs
Cycle Count Accuracy
%
Assesses the accuracy of inventory counts done periodically (daily, weekly, monthly) compared to the inventory management system records.
Inventory Accuracy
%
Measures the percentage comparison of the physical count of inventory items to the recorded amount in the inventory management system.
Inventory Location Accuracy
%
Determines how often inventory items are found in their designated locations within a warehouse or storage facility.
Inventory Shrinkage as Percentage of Inventory Value
%
Represents the reduction in the recorded inventory value that is not accounted for by sales.
Rate of Inventory Items Incorrectly Located
%
Assesses the rate at which items are not found in their designated or recorded locations.
Rate of Inventory Items with Incorrect Stock Balances
%
Calculates the rate at which the recorded stock balance does not match the actual physical count.