Materialumschlag (EN)
ConceptKey metric for measuring the efficiency of materials management
Material turnover in the production process
flowchart TD A[Raw material procurement] --> B[Incoming warehouse] B --> C[Production process] C --> D[Finished goods warehouse] D --> E[Sales/Customers] F[Material turnover calculation] --> G[Inventory data] G --> H[Time period] H --> I[Material turnover = Material throughput / Average inventory]
In context
- Typically used together with inventory turnover, inventory rotation and capital commitment
- Related to: Inventory management, Materials management, Supply Chain Management
- Example use: A company with a material turnover of 12 per year means that the average material inventory is turned over 12 times a year