Operations metric

Inventory value on hand

What the stock you hold is worth at cost. It covers your own warehouses, your 3PL and Amazon.

1. 1

   1 · How we calculate it

   Units on hand times landed unit cost.

   Inventory value=Units on hand×Landed unit cost

   We multiply the sellable units on hand at the latest stock snapshot by each unit’s landed cost. Landed cost is the product plus freight and duty.

   On hand covers your own and 3PL warehouses and Amazon (FBA and AWD), units in transfer included. Units on open purchase orders are left out.

2. 2

   2 · Where the data comes from

   It needs 2 kinds of data, each from a system you connect.

   Data	From
   Units on hand	Shopify, Amazon Seller Central, ShipHero
   Landed cost per unit	Shopify, QuickBooks, Xero