What type of data does the High Inventory Violations widget summarize?

The High Inventory Violations widget is designed specifically to highlight situations where inventory levels exceed predetermined annual targets. This is crucial for organizations as it allows them to monitor and manage their inventory effectively, ensuring they are not holding more stock than necessary, which could lead to increased costs or inefficiencies. The focus on annual targets helps businesses maintain a balance between meeting customer demand and controlling inventory costs.

By summarizing instances of inventory exceeding these targets, the widget empowers users to identify potential issues in their inventory management processes, facilitating timely decision-making to mitigate the risks associated with overstock situations. This is significant for optimizing supply chain operations and enhancing overall efficiency.