Indicator | Definition | Desired level |
---|---|---|
Accuracy of stock registration system | ||
1. Percentage of accurate stock registration | Indicates the quality of the stock registration system | 100% |
1a. Percentage of recorded stock less than physical stock | Indicates proportion of recorded stock balance less than physical stock balance | 0% |
1b. Percentage of recorded stock greater than physical stock | Indicates proportion of recorded stock balance greater than physical stock balance | 0% |
2. Ratio of inventory variation to total stock (expressed in percentages) | Indicates the extent of registration errors | 0% |
Effectiveness of stock maintenance system | ||
3. Percentage of products in stock | Measures the system's capacity to maintain a complete range of products in stock at the time of the assessment | 100% |
4. Average percentage of time that products are out of stock | Indicates the system's capacity to maintain a constant supply of products over time by minimizing the duration of stock-outs | 0% |