Slow-Moving Inventory

Report Module Guide: Slow-Moving Inventory

Module Location

Inventory > Reports > Slow-Moving Inventory

Module Objective

The Slow-Moving Inventory Report module is used to generate an inventory aging report. This report is specifically designed to identify items that are slow-moving or even potentially obsolete because they have been stored in the warehouse for too long. This is a crucial analysis tool for managing inventory health and optimizing working capital.

1. Report Parameters (Filter)

The main page of this module is a form containing various parameters to customize the report that will be generated.

Here is an explanation for each parameter:

• Warehouse Type / Location:

  • Select the specific Warehouse Type and Location whose inventory you want to analyze.

• Inventory Aging Period:

  • Important! Here you define the time range for each aging bucket in days. The example in the image: 1,90,91,180,270,360 will create columns for the ages of 1-90 days, 91-180 days, 181-270 days, and so on.

2. Steps to Generate the Report

Step 1: Set Report Parameters

Define the warehouse location and set up the inventory aging period you wish to analyze.

Step 2: Generate the Report

After the parameters are set, click the [Display] button.

3. Reading the Report (Report Content)

The generated report will be a list of items classified by their age in the warehouse.

• Report Content (Conceptual): This report will display a list of items along with their value or quantity distributed into the aging columns you have defined (for example, columns for 1-90 days, 91-180 days, 181-270 days, >360 days).

Tips & Important Notes

• The main focus of this report is the items that fall into the oldest aging columns (e.g., >180 days). These items are the primary candidates for promotional programs, clearance sale discounts, or even a write-off of their book value.

• Running this report routinely (e.g., every month or quarter) is crucial for maintaining inventory health and preventing losses due to damaged or expired goods.

• This is a strategic report that is very important for Inventory Managers, Purchasing Managers, and Finance Managers.