APPS / Advanced Inventory Reports

Advanced Inventory Reports

by Setu Consulting Services Pvt. Ltd.

Original: $ $ 310.66

BDT: 10000 ৳

V17

0

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Odoo Apps Dependencies

• Purchase (purchase) • Invoicing (account) • Discuss (mail) • Inventory (stock)


Additional Apps we will provide


Technical Name

setu_advance_inventory_reports


License

OPL-1


Versions

V18 V17 V16 V15 V14 V13


Description

User Guide:

Setu Consulting Services Pvt. Ltd.
Odoo 15 Certified Odoo 16 Certified Odoo 16 Certified

In any industry today inventory optimization is a vital function. Inventory excess or shortage at any level of the supply chain can affect the availability of products and/or services to consumers. It is critical to check inventory imbalance between supply and demand dynamics.

We have developed inventory reports to help you to manage your inventory properly. With our inventory reports, users can track:
arrowTurnover ratio
arrowFSN classification (inventory movement frequency classification)
arrowXYZ classification (inventory classification based on stock value)
arrowFSN-XYZ combined classification to define sales strategies for the existing inventories
arrowOverstock analysis, Out of Stock analysis and Stock movements (inventory rotation)


Key Features


Inventory Turnover Analysis Report

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period. Calculating inventory turnover can help businesses make better decisions.

Inventory FSN Analysis Report

Helps users identify products movement frequency based on FSN classification. Classify all inventory movements into three categories: Fast moving, Slow moving, Non moving.

Inventory XYZ Analysis Report

Helps classify inventory items according to the stock value and helps to minimize the inventory carrying cost.

Inventory FSN-XYZ Combine Analysis Report

This two dimensional combined FSN and XYZ classification scheme helps in planning the sales strategies to dispose of blocked inventories by selling them off.

Inventory Age & Age Breakdown Analysis Report

Inventory ageing reports tell you the number of days an item has been sitting in inventory based on the receipt date. Having access to this kind of information allows you to make informed decisions when it comes to what and how many products to purchase.

Inventory Out of Stock Report

Tracks any product that will be out of stock in the next upcoming days based on the product inventory movement frequency. It helps identify how many days of available inventory you have to fulfill sales demand.

Inventory Overstock Report

Helps eliminate the ordering of overstocked products which can lead to excess carrying inventory costs and potential major losses. Also helps categorize existing products in XYZ classification and FSN classification.

Inventory Stock Movement Report

Provides the ability to track all inventory movements for all warehouses and for all companies. Users can track inventory movements between specific dates or up to a certain date.

NOTE

The Inventory Age and Inventory Age Breakdown Report will display records only whose Product Category costing method is FIFO or Average.

Advance Inventory Analysis Reports

  • Inventory Turnover Analysis Report


    Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period. Calculating inventory turnover can help businesses make better purchasing decisions.

    Importance of Turnover Analysis

  • Turning inventory into Cash
  • Inventory ties up critical cash that could be otherwise used to generate profits. It is critical for a company to analyze inventory turnover by product and determine how to move the inventory faster.
  • Identify demand uncertainty
  • Changes in demand drastically affect the ability of a company to make money. If demand drastically decreases, cash will be tied up in unnecessary inventory and warehouse efficiencies will be negatively affected; if demand increases, the lack of inventory will prevent the company to generate additional profits. It is critical for a company to manage demand uncertainty to maximize inventory utilization and maximize profits.
  • Identify risk of holding inventory
  • Based on the inventory turnover ratio, users can identify whether the money is invested in the right products or not. To monitor and manage risk turnover ratio analysis is critical.
  • Prevent overstocking
  • Overstocking is a nightmare for any business. Cash must be put to work where it can generate the most profit and excessive inventory kills the ability to use the cash anywhere else in the business. Preventing overstock situation is critical to business health.


  • Advantage of Turnover Analysis


  • Price stability
  • Turning over inventory quickly helps you maintain price stability.
  • Fresh products
  • By selling efficiently, you can keep fresh new products coming in and regularly rotate items in different display areas to get the attention of regular customers.
  • Buying power
  • If you consistently sell products in high volumes, you can order more on each purchase and get better rates. This improves your inventory costs.
  • Less waste
  • High turnover also helps you protect against waste from perishable or expired items.


  • Screenshots

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For more details send mail on [email protected]
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www.setuconsulting.com
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