LOGISTICS & WAREHOUSE
Warehouse department
Essential KPIs for effective warehouse management
WAREHOUSE | TWO KPIs THAT TRULY MATTER IN WAREHOUSE MANAGEMENT
Every logistics professional knows that space, time, and capital are limited resources in any warehouse. That’s why using the right KPIs isn’t just about tracking performance — it’s about gaining control over your operations.
Let me share two fundamental indicators I always keep on my radar to know if our storage management is really improving.
1️. Inventory Turnover – How Fast Is Your Inventory Moving?
This is one of the clearest indicators of efficiency. Inventory Turnover tells us how many times we’ve sold and replaced our inventory in a specific period.
It’s calculated by dividing the Cost of Goods Sold (COGS) by the Average Inventory...
Please download the attached PDF or PPT to access the complete content.
Warehouse department
Essential KPIs for effective warehouse management
WAREHOUSE | TWO KPIs THAT TRULY MATTER IN WAREHOUSE MANAGEMENT
Every logistics professional knows that space, time, and capital are limited resources in any warehouse. That’s why using the right KPIs isn’t just about tracking performance — it’s about gaining control over your operations.
Let me share two fundamental indicators I always keep on my radar to know if our storage management is really improving.
1️. Inventory Turnover – How Fast Is Your Inventory Moving?
This is one of the clearest indicators of efficiency. Inventory Turnover tells us how many times we’ve sold and replaced our inventory in a specific period.
It’s calculated by dividing the Cost of Goods Sold (COGS) by the Average Inventory...
Please download the attached PDF or PPT to access the complete content.