What are the warehouse KPI indicators?

Warehouse KPI indicators include inventory accuracy; storage location utilization, average number of occupied SKUs, location turnover rate, location turnover rate; account and item consistency rate; personnel efficiency, 5S and safety, etc.

KPI indicators generally refer to key performance indicators, which are one of the methods of corporate performance appraisal and the most important indicator of the effectiveness of management work.

Inventory accuracy is crucial to warehouse management. Calculation method: Inventory accuracy = (number of inventory materials × average unit price) / (actual number in book stock × average unit price) × 100%.

Inventory accuracy can be confirmed by looking at whether the material management process design is reasonable, looking at the employees' sense of responsibility, looking at the management level, looking at the inventory structure, etc.

Inventory turnover rate is the number of times inventory goods are turned over within a certain period of time.

It is an indicator that reflects the speed of inventory turnover.

A higher turnover rate indicates better sales.

Under the conditions of material shelf life and funds permitting, the inventory control target days can be appropriately increased to ensure reasonable inventory.

The main purpose of warehouse management is to effectively control the receipt, receipt, balance and other activities of warehoused goods.

Warehouses have their own individual management principles due to different inventory items. For example, the management principles of food warehouses, product warehouses, industrial equipment warehouses, etc. are different.