Inventory Stock Ageing - Maximizing Stock Performance
An inventory stock aging report is a list of the items on hand grouped by the length of time in inventory. It's used to identify slow moving inventory plus the additional costs to store and maintain these products until they are sold.
Overview
Real-time visibility on stock
The dashboard offers real-time visibility into inventory levels and stock aging. It provides a consolidated view of stock quantities, locations, and aging categories, allowing businesses to make informed decisions based on up-to-date information.
Minimized stockouts and overstocking
With accurate stock aging data, organizations can avoid stockouts and overstocking. By maintaining optimal inventory levels based on demand patterns and stock aging analysis, businesses can improve customer satisfaction, reduce lost sales opportunities, and mitigate holding costs.
Data-driven decision-making
Provides actionable insights based on data analysis. It empowers organizations to make informed decisions regarding inventory management, purchasing and pricing. By leveraging data-driven decision-making, organizations can improve operational efficiency, reduce risks, and increase profitability.
Details
Solution Type
Extensions and Add-ons
Industry
Retail, Consumer Products, Automotive, Wholesale Distribution
Compatibility
Works with
Features
The dashboard allows organizations to track KPIs related to inventory and stock aging. It provides visualizations and reports that enable stakeholders to monitor inventory performance, assess the effectiveness of inventory management strategies, and identify areas for improvement.
Visualizations and reports helps you categorize inventory based on age or shelf life. This feature allows users to quickly identify stock that is approaching expiration or becoming obsolete.
Interactive charts, graphs, and reports that present inventory and stock aging data in a visually appealing and user-friendly format. This feature facilitates quick understanding and analysis of inventory-related insights.
Plans and pricing
Standard Edition
Includes SAP Analytics Cloud enterprise version cost
Includes one-time implementation cost
Mapping to business scenario
- Has prerequisite
Includes SAP Analytics Cloud enterprise version cost
Includes one-time implementation cost
Mapping to business scenario
Technical Information
| Solution Type | Extensions and Add-ons |
| Category | Enterprise Asset Management |
| Industry | Retail, Consumer Products, Automotive, Wholesale Distribution |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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Resources
Inventory Stock Ageing Solution Document
Inventory Stock Ageing Demo video
Publisher
SAVIC Technologies Private Limited
SAVIC is a global system integrator, offering a unique engagement model to help our customers simplify their business processes to enable the achievement of business objectives. With a rich experience in technology and business consulting.
