![]() ![]() This feedback is private to you and won’t be shared publicly. Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. Rob vanNostrand, Solutions Consultant, PAL Solutions for Business Inc., direct 90 office 88 Email based KPI’s using SRS reports for non-SYSPRO usersįor help with your SYSPRO solutions, we can help.GL based Financial Analysis Queries – ready to go.Web View pane – needs simple configuration.Inventory Turns, or Inventory turnover is used to measure the number of times items are sold and substituted over a precise period. Executive View pane – needs simple configuration It does get difficult to have DOH as KPI for Raw Material or WIP or other subsets of inventory, so just focus on DOH as overall inventory number and KPI.Business Objectives – are you on track? Employee morale – enables employees to see and feel like they are contributing Some types of KPI tools in SYSPRO: Numeric KPI’s can be useful, but graphical KPI’s can be even better because you can see trends more easily, and simple red/green indicators help direct attention where it is needed most. This can be a great addition on the Executive Dashboard of your staff that can effect changes related to managing your inventory levels. SYSPRO's graphical KPI's (Key Performance Indicators) can provide valuable information "at a glance". ![]() It is usually only meaningful when compared to the past inventory turnover or to the inventory turnover of other companies in the same industry. The inventory turnover rate and days are calculated as Inventory (Closing Inventory balance) / Cost of goods sold. The result is expressed as a rate. ![]() Inventory Turnover Rate: This commonly measures the activity, or liquidity, of a company's inventory. How long does an item sit in inventory before you sell it (turnover days)? How many times a year do you replace your inventory (turnover rate)? These are two popular ways to measure inventory performance. This week's KPI (#3) uses a Bar Graph to show your Inventory performance over many years. ![]()
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