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Useful reads on warehouses, stock counts and audits.
Warehouse data: what to measureYou do not need to measure everything: stock accuracy, turnover, order completeness and losses are enough.
How inventory accuracy is calculatedDivide the number of positions that matched the records by the number counted and multiply by 100.
Accuracy by employee: measuring without blamingSplit the error rate by employee, shift and operation and you see where training is needed, without having to blame anyone.
What the turnover ratio isDivide the cost of goods sold in a period by average inventory and you learn how many times stock turned over.
How many days stock stays in the warehouseDays of stock come from dividing 365 by the turnover ratio and are easier to grasp.
Fill rate: how much of each order is fulfilledIt shows what share of the quantity a customer asked for was actually supplied from stock.