Inventory Accuracy (Dollars)

Benchmarking Report

Inventory Accuracy (Dollars)

This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Inventory Accuracy (Dollars). Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.

What is Inventory Accuracy (Dollars)?

The absolute difference between reported and physical inventory levels (measured in dollars), as a percentage, subtracted from 100%.

Why should Inventory Accuracy (Dollars) be measured?

Inventory Accuracy measures the precision of the controls set in place to maintain correct inventory counts. Low values for this KPI may suggest that the company has issues with theft, poor inventory tracking, insufficient training for warehouse employees, supplier documentation errors, too many people responsible for inventory control or inadequate systems in place for defining units of inventory (units vs. cases vs. pallets, etc.). Low performers in Inventory Accuracy will not only have to spend time and money resolving inventory accuracy issues, but they also risk not knowing the true amount of inventory on hand, which increases the risk of stock-outs and backorders for customers.

Download a Sample Inventory Accuracy (Dollars)

Frequently Asked Questions

Q: How do you collect and validate your data?

A: From real-world consulting engagements with Fortune 500 leaders. We’ve spent 25 years conducting original research and anonymizing data from our engagements with top companies around the world. Every single data point we collect is scrutinized by our analysts to conform to established baselines and our rigorous in-house validation process. We won’t serve it up to you unless it meets our tough standards for utility and value.

Q: How much information will my Benchmarking Report contain?

A: Enough to produce a useful benchmark. And rest assured that it’s all current, validated, and useful. We only include data that’s been collected in the last five years. And while sample sizes vary by KPI, the average is 25, and the high end can surpass 1,000.

Q: How often do you update your reports?

A: Every year. We’re constantly gathering, scouring, and processing new data. We update our reports based on trends our analysts detect in the data, as well as the demand from our consulting clients and customers like you.

Q: Your download-able reports look great. But I need something custom. Can you help?

A: Heck yes. Our crack research teams just love custom assignments, and would be delighted to perform targeted research tailored to your specific requirements. Find out just how fast and affordable this is: Email us ( or call us at 866.650.2888 and one of our friendly professionals will be happy to answer all your questions.

Have a question? Call: 844-650-2888 Email: