Annual value of damaged or expired retails products as percentage of average annual retail inventory value

This measure calculates annual value of damaged or expired retails products as percentage of average annual retail inventory value. This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the activity "Manage physical finished goods inventory".

Benchmark Data

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Measure Category:
Cost Effectiveness
Measure ID:
106146
Total Sample Size:
89 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Compute this Measure

Units for this measure are percent.

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Product wastage (Damage and expiry) rate

Key Terms

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Cost effectiveness measures are those in which two related variables, one of which is the cost and one of which is the related outcome related to the expenditure are used to determine a particular metric value.

Measure Scope

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Cross Industry (7.3.1)