Min Inventoy Value movement over time
Min Inventory Value refers to the dynamic fluctuations and trends in the lowest monetary worth of inventory assets that an organization aims to maintain within its supply chain network over a specified period.
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The minimum inventoy value movement over time

KPI Definition

Min Inventory Value movement over time, within the framework of supply chain Key Performance Indicators (KPIs), refers to the dynamic fluctuations and trends in the lowest monetary worth of inventory assets that an organization aims to maintain within its supply chain network over a specified period. This metric entails the analysis of changes in the defined minimum inventory value over time, spanning days, weeks, months, or accounting cycles, to assess the effectiveness of inventory management practices, demand forecasting accuracy, and operational efficiency within the supply chain ecosystem.

Business Value

This metric helps businesses analyses the minimum inventory and amount associated with it and is movements with time

Movement Direction

Sample Formula

SUM (Min_Level * CSS_DN_Value)

Should Aim For
1
This metric should move up ie., increase with time
2
3
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