Industrial KPIs
A structured reference for measuring inventory, stores, purchase, planning, supplier, MRO, ERP and working-capital performance with consistent definitions, formulas, data sources and management actions.
Inventory Turnover Ratio
Measures how many times inventory is consumed or sold over a defined period relative to average inventory.
02Inventory Days
Measures the number of days of inventory represented by average stock against the selected annual or period consumption basis.
03Stock Coverage
Measures how long current usable inventory is expected to support demand at the selected consumption rate.
04Inventory Accuracy
Measures agreement between physical stock and ERP or book stock for quantity, identity and location.
05Inventory Service Level
Measures the proportion of demand or requirements fulfilled without unacceptable shortage, according to the defined service rule.
06Fill Rate
Measures the proportion of requested quantity supplied immediately or within the defined fulfillment condition.
07Stock-out Rate
Measures the frequency or proportion of demand occasions affected by stock unavailability.
08Excess Inventory
Identifies inventory above the quantity required for the defined operating, service and replenishment policy.
09Non-Moving Inventory
Measures stock with no issue or consumption during the defined review period.
10Dead Inventory
Measures stock with no current movement and no identified operational requirement after structured review.
11Inventory Ageing
Measures the age distribution of inventory to identify old, dormant, potentially obsolete or slow-moving stock.
12Inventory Working Capital
Measures the financial resources tied up in inventory and the opportunity to improve cash utilization.
13Inventory Value
Measures the monetary value of closing or average inventory according to the selected valuation basis.
14Inventory Reduction
Tracks controlled reduction in inventory value or quantity without creating unacceptable service or operational risk.
15Purchase Price Variance
Measures the difference between a reference or standard price and the actual purchase price for defined materials and periods.
16Vendor OTIF
Measures supplier deliveries received On Time and In Full against the agreed delivery requirement.
17Vendor Rejection Rate
Measures the proportion of received material rejected or found non-conforming against the defined quality basis.
18Vendor Lead Time
Measures actual elapsed supplier lead time from the defined order or release event to receipt.
19GRN Turnaround Time
Measures elapsed time between physical receipt and completion of the applicable goods receipt record.
20PR to PO Cycle Time
Measures elapsed time between an approved purchase requisition and creation or release of the corresponding purchase order.
21PO to Receipt Cycle Time
Measures elapsed time between the applicable PO commitment and physical receipt.
22Purchase Cycle Time
Measures total time through the defined purchasing process from requirement initiation to order or receipt.
23Material Issue Turnaround
Measures time required to process an authorized material issue request and provide material.
24Emergency Purchase Rate
Measures the proportion or value of purchases classified as emergency against total purchasing activity.
25Open PO Ageing
Measures outstanding purchase orders or lines by age, status and overdue condition.
26RGP Outstanding
Measures Returnable Gate Pass materials that remain outside the store or unresolved beyond the expected return date.
27Job-Work Outstanding
Measures material sent for external processing that remains outside, pending return or reconciliation.
28Scrap Realization
Measures value realized from authorized scrap disposal relative to the quantity or book value processed.
29Store Space Utilization
Measures the utilization of designated storage capacity while considering safe access, segregation and operating requirements.
30Material Availability
Measures whether required material is available at the required time and location for the defined operation.
31MRO Availability
Measures availability of maintenance, repair and operating materials against defined operational or maintenance requirements.
32Critical Spare Availability
Measures availability of identified critical or insurance spares according to approved criticality policy.
33Material Planning Accuracy
Measures how closely planned material requirements correspond with actual requirements, consumption or supply outcomes.
34MRP Exception Rate
Measures the proportion of MRP results requiring exception action such as rescheduling, shortage resolution or parameter correction.
35Replenishment Adherence
Measures whether replenishment actions occur according to the defined trigger, quantity and timing rules.
36Safety Stock Adherence
Measures how frequently inventory remains within the defined protection policy and identifies repeated breaches.
37Demand Forecast Accuracy
Measures the difference between forecast demand and actual demand using a defined forecast-error method.
38Lead Time Variance
Measures variation between planned or standard lead time and actual lead time.
39Inventory Carrying Cost
Measures the cost of holding inventory, including capital, storage, insurance, handling, deterioration and obsolescence components.
40Inventory Transaction Accuracy
Measures the accuracy and completeness of ERP transactions for receipts, issues, transfers and adjustments.
41Material Master Data Quality
Measures completeness, correctness, uniqueness and governance compliance of material master records.
42MIS Timeliness
Measures whether required management reports are generated and distributed within the defined reporting timetable.
43MIS Data Reconciliation
Measures whether reported MIS totals reconcile to authoritative ERP, physical or financial records.
44Supplier Development KPI
Measures supplier improvement in quality, delivery, responsiveness, cost and capability over defined periods.
45Purchase Cost Savings
Measures validated purchasing savings against a documented baseline or approved reference.
46Total Cost of Ownership
Measures the complete economic cost associated with acquiring, operating, maintaining and disposing of a material or supply source.
47Materials Working Capital Improvement
Measures improvement in cash tied up in inventory and related material processes while maintaining required service.
48Stores Audit Compliance
Measures compliance with defined stores procedures, documentation, identification, preservation, stock control and audit requirements.
49Physical Verification Compliance
Measures completion and closure of scheduled physical verification or cycle-count activities.
50Cycle Count Accuracy
Measures agreement between counted stock and ERP stock for the items included in cycle counting.
51Inventory Adjustment Rate
Measures frequency or value of stock adjustments and helps identify underlying transaction or control issues.
52Store Space Productivity
Measures inventory handled or controlled relative to the storage area or capacity used.
53Material Handling Productivity
Measures material movement or transaction workload relative to labor, time or handling resources.
54Materials Management KPI Dashboard Framework
Defines a balanced management dashboard across inventory, stores, purchase, planning, suppliers, MRO and working capital.