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Inventory quality ratio is an inventory performance measure that evaluates current inventory value against future demand in terms of usage value. This research introduces supply chain leaders to this metric, which has been shown to provide valuable visibility to a company's inventory health.
Table of Contents
Define Supply Strategy and Inventory Objectives Before Measuring Inventory Performance
Understand the IQR Metric Logic, and Consider Its Value in Tracking Overall Progress in the Reduction of Excess Inventory
Leverage IQR Methodology to Bring Demand-Driven Relevancy to ABC Inventory Classification
- Define Supply Strategy and Inventory Objectives Before Measuring Inventory Performance
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