Heatmap for Visualize Relationships With Stock Rotation

Use Heatmap to visualize average stock rotation by multiple categorical variables.

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

Example

Stock rotation is the number of days until the inventory stock is depleted. To calculate stock rotation, first divide the average inventory value by the total sales for the same time period. Then multiply this ratio by the number of days in the time period.

In this worksheet, Turnover Days is the graph variable. Item and Size are the row variables. Collection and Department are the column variables.

C1 C2-T C3-T C4-T C5-T
Turnover Days Item Size Collection Department
43.8 Jeans Extra Small Classic Misses
41.5 Jeans Small Modern Misses
63.1 Jeans Medium Modern Petite
29.9 Jeans Extra Large Vintage Petite

How-to

  1. Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
  2. Under Inventory, select Stock rotation.
  3. Select Visualize relationships with stock rotation, then click OK.
  4. Select Heatmap, then click OK.
  5. From Display, select Function of a variable.
  6. In Graph variables enter the column that contains the stock rotation data.
  7. From Function, select the function of stock rotation. For example, if you select Mean, the color gradient of the rectangles in the heatmap uses the mean value of stock rotation in each rectangle.
  8. In Row variables enter up to five columns that define the rows.
  9. In Column variables enter up to five columns that define the columns.
  10. Click OK.
Tip

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