Advance Inventory Reports

Inventory FSN Analysis Report

 FSN stands for fast-moving, slow-moving and non-moving items. It looks at quantity, consumption rate and how often the item is issued and used. It helps in arrangement of stocks in stores and their distribution and handling methods. The main aim of this analysis is to control obsolescence of the inventories. If there is a rapid change in technology then this classification will have to be updated more often.

FSN analysis is stock turnover ratio based analysis. Stock turnover ratio is defined as the ratio of annual consumption of a material divided by its average inventory.

The items can be classified into three categories:

• ​Fast moving (F): items with a stock turnover ratio greater than 3.
• Slow moving (S): items with a stock turnover ratio between 1 and 3.
• Non moving (N): items with a stock turnover ratio below 1.​​

Advantages of FSN Analysis

• FSN Classification helps identify dead stock, fast moving inventories.
• FSN analysis shows the items that are active in your inventory.
• FSN analysis helps you make smarter buying decisions with suppliers and keep inventory relevant to demand
• The non-moving items are surplus to requirements and could be taking up precious real estate in the warehouse
• Separate reporting by warehouse
• User can filter by companies, categories, warehouses and products
• Reports can be downloaded in excel formats

Inventory XYZ Analysis Report

XYZ Analysis is always done for the current Stock in Inventory and aims at classifying the items into three classes based on their Inventory values. The current value of the items / variants in the Inventory alone is taken into consideration for the Analysis and it is not possible to do this analysis for any other dates.

The items can be classified into three categories:

• First 70% of the total Inventory value corresponds to X Class
• Next 20% of the total Inventory value corresponds to Y Class
• Last 10% of the total Inventory value corresponds to Z Class.

Advantages of XYZ Analysis

• Helps identify inventories investment status.
• Helps determine if certain inventories require a strategic sales plan.
• Helps evaluate how each inventory item should be monitored and controlled.
• • Some inventories are critically important and require close monitoring and tight control.
  • Some inventories are of lower criticality requiring standard controls and periodic reviews of usage.
  • Some inventories require the least amount of control and are sometimes issued as “free stock” or forward holding.
• Reporting for each Company
• User can filter by companies, categories and products
• Report can be downloaded in excel format

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.

It is critical to identify the stock level and stock age in order to improve purchasing decisions and developing sales strategies. An inventory ageing report is a list of the items on hand grouped by the length of time in inventory. It is used to identify slow moving inventory and understand the additional costs to store/maintain these products until they are sold.

Advantages of Age & Age Breakdown Analysis

• Allows you to focus your attention on the slowest moving items
• Improves decision making on the timing and quantity of inventory purchases or production
• Helps improve the costs incurred during storage to maintain the quality of the goods .
• Understand how long your products spend in inventory and compare performance against industry benchmarks
• How the inventory control system compares to either their own company or competitors
• Stock age can be analyzed in graphical form (Charts)
• Stock age data is available in list view to give grouping and searching flexibility
• Separate report by company
• Companies wise separate reporting
• User can filter by companies, categories & products
• Report can be downloaded in excel format

Inventory Out Of Stock Analysis Report

Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Not only do they lead to lost sales, they also result in reduced customer satisfaction and lower loyalty levels.

To overcome Out of Stock issues, this report will help you analyze the number of products that will be out of stock and the quantities you need to have in stock.

This report also helps you identify FSN classification for out of stock products which helps you determine if keeping the stock will be in benefits to you or not.

Advantages of Out Of Stock Analysis

• Helps measure inventory coverage days
• Helps improve the reordering process
• Helps identify future sales figure for which there are no stock
• Helps identify required cash flow to restock out of stock products
• Helps identify which products are necessary to restock from the FSN classification
• Helps identify which products should be restocked using FSN classification
• Helps forecast your inventory properly
• Separate report by Warehouse
• User can filter by companies, categories, warehouses & products
• Report can be downloaded in EXCEL format

Inventory Overstock Analysis Report

Excess inventory is another nightmare for businesses; it locks cash and can lead to major losses. Excess inventories for items that are not active can ruin successful businesses.

This report helps you stop ordering too much inventory which can lead to major losses. It also helps categorize existing inventories in XYZ classification and FSN classification.

Advantages of Inventory Overstock Analysis

• Combined FSN-XYZ with overstock report helps identify dead investment
• Excess inventory report helps determine stock forecasting accuracy
• It gives you product specific inventory value and the percentage of the total inventory value
• The excess inventory report helps identify inventories which need close monitoring and tight control
• It helps improve reordering planning
• Separate report by Warehouse
• User can filter by companies, categories, warehouses & products
• Report can be downloaded in EXCEL format

Inventory Movement Analysis Report

It’s always painful for most of the business to track the inventory movements, especially when you have a large product catalogue or high frequent inventory transactions. This app helps you to track the inventory for specific periods or up to a certain date for all products for all warehouses. Users can filter reports by products category, products, companies and warehouses.

Advantages of Inventory Overstock Analysis

• Combined FSN-XYZ with overstock report helps identify dead investment
• Excess inventory report helps determine stock forecasting accuracy
• It gives you product specific inventory value and the percentage of the total inventory value
• The excess inventory report helps identify inventories which need close monitoring and tight control
• It helps improve reordering planning
• Separate report by Warehouse
• User can filter by companies, categories, warehouses & products
• Report can be downloaded in EXCEL format

Highlights

Features

• Users can generate report between specific dates or up to a certain date
• Each of the transactions will be captured and give you opening and closing for a defined criteria
• Always gives you calculated real opening balance and calculated real closing
• Capture all possible inventory movements and separately visible all IN transactions and OUT transactions in report.
• Warehouse wise separate reporting
• User can filter by companies, categories, warehouses & products
• Report can be downloaded in well format excel file