Total Correction Metric
How-to Guide
Author:
Holger Lierse
Changed on:
16 Sept 2025
Key Points
- Total inventory quantities that have been corrected.
Steps
What it measures
Total inventory quantities that have been corrected.
When to use this metric
- Monitor corrected quantities arising from rejections and short picks at fulfilling locations
- Assess inventory inaccuracy issues by locations/products
How to interpret
- Good performance: Low levels of correction quantities
- Potential issues: High levels of corrections potentially indicate inventory discrepancies and/or trends by product/location
- Benchmark guidance: Lowering correction quantities has a direct impact on lowering rejection rates
Key considerations
- On hand inventory is offset by any corrections and thereby reduces the total availability to sales channels
- Product issues or location processes can result in higher correction quantities
Technical details
Formula:
SUM(ABS(inventoryQuantity.qty)) where type = {CORRECTION_TYPE} within the selected time period
Configurable elements:
- CORRECTION_TYPE: Type definitions for inventory quantity corrections (default: CORRECTION)
