📦  Fill Rate

Fill Rate#

The fraction of demand satisfied directly from inventory.

Important

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What it is#

Fill Rate is a supply-chain and inventory metric measuring the percentage of customer demand met immediately from available stock, without delay. It answers: of everything customers wanted, how much did we deliver on time and in full, from stock? A high fill rate means availability; a low one means frequent shortages, backorders and delays.

The formulas#

It has three common forms. Order fill rate divides orders completely fulfilled by total orders; line fill rate divides order lines completely fulfilled by total order lines; and unit fill rate divides units delivered on the first shipment by total units ordered — each expressed as a percentage,

\[\text{Fill Rate (unit)} = \frac{\text{Units delivered on first shipment}}{\text{Total Units Ordered}} \times 100\%.\]

A worked example#

A week’s demand is 1,000 units; the warehouse ships 970 immediately and backorders the remaining 30. The fill rate is 970 / 1,000 = 97% — 97% of demand satisfied instantly from stock.

Why it matters, and its mirror#

Fill rate drives customer satisfaction and revenue, signals forecasting and replenishment health, and is benchmarked at 95-98% across many industries. It is the exact complement of the stockout rate: \(\text{Fill Rate} = 100\% - \text{Stockout Rate}\).


Theme: Operations & Supply Chain  ·  All terminology



See also

Source article Adapted (context, re-expressed) in our own words from: Fill Rate (insightful-data-lab.com).

Tags: purpose: reference topic: terminology level: intermediate