Create a database of Key Performance Indicators (KPIs)
Imagine instant access to a wide variety of measurements over time. Then imagine the ability to pinpoint areas of interest and concern. OverDrive’s Inventory Advisor provides exactly that.
§ Periodic inventory snapshots measure item performance in more than 30 dimensions
§ Snapshot history is retained to measure performance over time
§ Create notes and action items to facilitate follow-up
Key Performance Indicator Examples
§ Quantities and Values
§ Turns, ‘Turns & Earns’, Months Supply
§ Gross Margin % and Net Margin % and Return on Inventory Investment (ROII)
§ Projected inventory levels and investment returns
§ Safety stock $ and Fill rates
§ Return on safety stock (ROSS) and ‘untouched inventory’ $
§ Plus many more . . .
