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Domo

Days of Inventory App

Version 2

 

Important: When referencing this page outside of Knowledge Base, use this link: http://knowledge.domo.com?cid=daysofinventory

Description

Keeping the number of days inventory is stored helps optimize costs and manage storage and production rates. High costs could indicate low turnover rates or high inventory levels. Lowering costs allows you to find the optimal solution for time that inventory is stored and produced.

Publisher

Domo Community

Screenshot

Business Questions

  • How can I decrease my cost of inventory?
  • How can I maintain optimal inventories?
  • How can I keep my inventory days calibrated?