Stock Obsolescence Rate

Shows the rate at which inventory becomes obsolete. Rising rates can indicate changing market demands or issues in inventory management.

Formula

(Number of Obsolete Stock Items / Total Stock Items) x 100

Example

If 100 out of 5000 items become obsolete, the rate is 2%.

Other Safety, Risk & Waste Management KPIs

• Damaged Stock Rate
• Inventory to Obsolete Goods Ratio
• Rate of Expired Items to Inventory Value
• Rate of Safety Stock Used
• Size of Safety Stock