Dead/Slow Moving Stock Reporting and Management
Last updated
Last updated
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Efficient inventory management is the ๐ to smooth business operations. With Logic ERP, you get powerful ๐ reporting tools to track non-moving or aging stock โ ensuring optimal levels and streamlined workflows ๐.
Avoid overstocking and keep things running smoothly! โ๏ธavoiding unnecessary stockpile. Use Logic ERP reports to dive deep into your stock dynamics and gain vital insights ๐.
This analysis provides a granular look at your business' inventory status by highlighting vital stock insights:
Here's what you can uncover:
To view the stock reports, begin by clicking on Stock Ageing Analysis which will display the relevant report. Follow these detailed steps to access the Dead/Slow Moving Stock Report:
๐งญ Navigate to Reports/Queries section.
๐ Expand the Stock Reports menu.
๐ต๏ธ Look for Dead/Slow Moving Stock Report option.
๐ฅ Click on it to generate the report, providing insights on your slow-moving or stagnant stock.
This report helps you spot inventory that's aging or just not selling, so you can act smartly ๐ง ๐ผ
๐ Products that havenโt sold = tied-up cash ๐ธ basically, not contributing to revenue due to low demand. Use this to decide whether to promote, bundle, or remove such items ๐ฏ
โณ Tracks how long an item has been in stock from purchase to now. ๐ Example: A Panasonic item bought on Oct 27, 2020, and still unsold, resulting in accumulation for 738 days in stock! ๐งพ Use this info for:
๐ Promotions
๐ฐ Discount strategies
๐ซ Discontinuing stale stock
๐ฅ Fast Selling Items: High turnover = keep stocked up!
๐ข Slow Selling Items: Steady yet slower sale rates = adjust marketing or pricing.
โฐ๏ธ Dead Items: Unsellable = move via clearance or discounts.
๐ New Items: Recently added = focus on promotions & launch plans.
๐ Stock Aging Analysis:
Navigate to Stock Reports
Go to Reports Queries for deep-dive insights.
๐ Analyze movement over time.
๐ฆ Understand product performance.
๐ง Make smarter, data-driven decisions.
๐น Increase profitability & reduce waste.
With Logic ERPโs advanced reporting tools ๐งฐ, you can monitor stock movements across time, identify dead weight ๐ชจ, and adjust your strategies to improve cash flow and performance ๐ผ๐ฐ. Gain visibility, act decisively, and keep your inventory in top shape! ๐ช๐๐ฆ