What is Inventory Turnover?
Inventory Turnover A key performance indicator (KPI) in warehousing and supply chain that measures how many times inventory is sold or used during a period, reflecting operational efficiency and inventory management effectiveness.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Inventory Turnover” Used in Practice?
A high inventory turnover ratio indicates efficient inventory management and strong product demand throughout the supply chain.
Certification Exam Relevance
Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
Learn “Inventory Turnover” Free with Termify
Master Inventory Turnover and 4,071+ professional terms with native pronunciation, IPA transcriptions and career quizzes. 100% free, forever.
Download Free for iOSFrequently Asked Questions
What is Inventory Turnover?
A key performance indicator (KPI) in warehousing and supply chain that measures how many times inventory is sold or used during a period, reflecting operational efficiency and inventory management effectiveness.
Where can I learn this term for free?
Termify is a 100% free professional English app that teaches Inventory Turnover and 4,071+ other industry terms with native pronunciation, IPA transcriptions and career quizzes. Available on iOS in 23 languages. No subscription, no credit card required.
Last updated: