December 2012
Intermediate to advanced
561 pages
22h 33m
English
Content preview from Logistics Management ,3rd Edition by Pearson
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76 • Logistics Management
check and rectify the operations in case of deviations. The most common parameters that indicate
the effi ciency and effectiveness of warehouse operations are discussed below.
Stock Turn-Over Ratio This is a ratio of value of sales volume in a given time to value of stocks
in that period. For example, sale value of goods supplied from a warehouse was INR 100 lakhs last
year and the average inventory level at any point of time during last year in the warehouse was
INR 10 lakhs. Then this ratio works out to be 10. The more you turn out the stocks, the better the
effi ciency and effective utilization of warehouse space. In ...
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