Scatterplot for Visualize Relationships With Days Sales Of Inventory

Use Scatterplot to visualize days sales of inventory versus one continuous variable.

This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.

Example

Days sales of inventory (DSI) is the average number of days to sell all inventory and WIP (work-in-progress). To calculate days sales of inventory, first divide the value of the inventory by the cost of goods sold. Then multiply this ratio by the number of days in the time period.

In this worksheet, DSI Days is the Y variable, and Sales Promotions is the X variable.

C1 C2
DSI Days Sales Promotions
52.6 4
49.8 1
73.7 6
36.5 6

How-to

  1. Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
  2. Under Inventory, select Days sales of inventory.
  3. Select Visualize relationships with days sales of inventory, then click OK.
  4. Select Scatterplot, then click OK.
  5. In Y variables, enter the column that contains the days sales of inventory data.
  6. In X variables, enter a corresponding column that might explain or predict changes in the days sales inventory.
  7. Click OK.
Tip

For more information about this analysis, click Help in the main dialog box.