Min Inventory Quantity
Min Inventory Quantity efers to the lowest acceptable quantity of inventory items that an organization aims to maintain within its supply chain network at any given time.
Get Started

The minimum inventory quantity

KPI Definition

Min Inventory Quantity, within the domain of supply chain Key Performance Indicators (KPIs), refers to the lowest acceptable quantity of inventory items that an organization aims to maintain within its supply chain network at any given time. This metric serves as a critical benchmark for inventory management, guiding procurement decisions, production scheduling, and inventory replenishment activities to ensure operational continuity and meet customer demand efficiently. Min Inventory Quantity encapsulates the minimum threshold of inventory levels across various categories, including raw materials, work-in-progress, and finished goods, based on factors such as demand variability, lead times, and service level agreements.

Business Value

This metric helps businesses analyses the minimum inventory

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