Measures the percentage of available warehouse space being used for storage.
What it Measures ?
% of warehouse space in use.
Relevant StakeHolders
Warehouse Manager, Operations
Why it Matters ?
Improves space utilization and cost efficiency.
In-depth Use Case / Real-world Example
A company manufacturing furniture calculates Warehouse Utilization by evaluating the amount of storage space used compared to the total warehouse space available. For example, if 80% of the warehouse space is used for storing products, the utilization is 80%. Maximizing warehouse utilization reduces storage costs and optimizes space efficiency.
Sample Formula
(Total Space Used / Total Available Space) * 100