Dead/Slow Moving Stock Reporting and Management

YouTube: Dead and Slow moving Stock Management

๐Ÿ—‚๏ธ๐Ÿ“ฆ Dead & Slow-Moving Stock Management in Logic ERP

Efficient inventory management is the ๐Ÿ”‘ to smooth business operations. With Logic ERP, you get powerful ๐Ÿ“Š reporting tools to track non-moving or aging stock โ€” ensuring optimal levels and streamlined workflows ๐Ÿš€.


๐Ÿงฎ Monitor & Maintain Stock Levels

Avoid overstocking and keep things running smoothly! โš™๏ธavoiding unnecessary stockpile. Use Logic ERP reports to dive deep into your stock dynamics and gain vital insights ๐Ÿ”.

This analysis provides a granular look at your business' inventory status by highlighting vital stock insights:

Here's what you can uncover:


๐Ÿ‘ฃ Steps to View the Dead/Slow Moving Stock Report

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:

  1. ๐Ÿงญ Navigate to Reports/Queries section.

  2. ๐Ÿ“ Expand the Stock Reports menu.

  3. ๐Ÿ•ต๏ธ Look for Dead/Slow Moving Stock Report option.

  4. ๐Ÿ“ฅ 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 ๐Ÿง ๐Ÿ’ผ


๐Ÿ›‘ Non-Moving Products

๐Ÿ“‰ Products that havenโ€™t sold = tied-up cash ๐Ÿ’ธ basically, not contributing to revenue due to low demand. Use this to decide whether to promote, bundle, or remove such items ๐ŸŽฏ


๐Ÿง“ Stock Aging

โณ Tracks how long an item has been in stock from purchase to now. ๐Ÿ›’ Example: A Panasonic item bought on Oct 27, 2020, and still unsold, resulting in accumulation for 738 days in stock! ๐Ÿงพ Use this info for:

  • ๐ŸŽ Promotions

  • ๐Ÿ’ฐ Discount strategies

  • ๐Ÿšซ Discontinuing stale stock


๐Ÿ’ก Key Features at a Glance

  • ๐Ÿ”ฅ Fast Selling Items: High turnover = keep stocked up!

  • ๐Ÿข Slow Selling Items: Steady yet slower sale rates = adjust marketing or pricing.

  • โšฐ๏ธ Dead Items: Unsellable = move via clearance or discounts.

  • ๐Ÿ†• New Items: Recently added = focus on promotions & launch plans.


๐ŸŒŸ Key Benefits

  • ๐Ÿ“Š Stock Aging Analysis:

    • Navigate to Stock Reports

    • Go to Reports Queries for deep-dive insights.

  • ๐Ÿ“ˆ Analyze movement over time.

  • ๐Ÿ“ฆ Understand product performance.

  • ๐Ÿง  Make smarter, data-driven decisions.

  • ๐Ÿ’น Increase profitability & reduce waste.


โœ… Conclusion

With Logic ERPโ€™s advanced reporting tools ๐Ÿงฐ, you can monitor stock movements across time, identify dead weight ๐Ÿชจ, and adjust your strategies to improve cash flow and performance ๐Ÿ’ผ๐Ÿ’ฐ. Gain visibility, act decisively, and keep your inventory in top shape! ๐Ÿ’ช๐Ÿ“‹๐Ÿ“ฆ

Last updated