What is Line Item Fill Rate?
Percentage of order line items that can be completely fulfilled from available inventory.
How do we calculate Line Item Fill Rate?
(Total Line Items Fulfilled / Total Line Items Ordered) * 100
What is the business impact of Line Item Fill Rate?
- Higher Line Item Fill Rate improves customer satisfaction
- It also helps avoid backorders and reduces order cancellation
- A higher line Item Fill Rate also helps a business increase sales
Industry benchmark for Line Item Fill Rate
- Industry Benchmark: 96-98%
How to improve Line Item Fill Rate?
- Optimize inventory levels to have optimal quantities of all line items
- Improve Sales channel analytics and allocation
- Improve demand forecasting to reduce stock-outs.