Inventory Balances

The data model encompasses detailed views of inventory quantities, movements, valuations, costs, and sales metrics. It includes measures such as Quantity In, Quantity Out, Quantity On Hand, Quantity Invoiced, Balance, Valuation, Sales Amount, Sales Cost, and Sales Profit. Various perspectives are provided through views such as Movement Details, Inventory Balance & Valuation by Tr. Code, Cost Comparison by Period, and Cumulative Inventory Valuation by Warehouse, supporting comprehensive inventory management and analysis for informed decision-making and performance monitoring.

Benefits of This Data Model

• Enhanced Inventory Monitoring: Detailed views of inventory quantities, movements, and valuations provide a comprehensive understanding of stock levels and transactions for effective monitoring and control.
• Cost Control and Analysis: Views such as Cost Comparison by Period and Inventory Cost Variance Report help in identifying cost discrepancies and trends, enabling better cost control measures and analysis.
• Strategic Decision Support: The data model offers insights into inventory performance through metrics like Inventory Valuation and Sales Profit, supporting informed decision-making and strategic planning.
• Performance Tracking: Cumulative Inventory Valuation by Warehouse and YTD/MTD KPIs assist in tracking inventory performance over time and monitoring key performance indicators for improved efficiency.
• Improved Inventory Optimization: Analysis based on Product-Wise Inventory Value and On-hand Inventory Quantity by Warehouse facilitates optimizing stock levels and inventory management for better operational efficiency.

Key Performance Indicators (KPIs)

• Quantity In: Represents the amount of inventory items received or purchased within a given time period.
• Quantity Out: Indicates the quantity of inventory items that have been sold or consumed in a specific timeframe.
• Quantity On Hand: The current amount of inventory items available for sale or use, calculated as the beginning inventory plus quantity in minus quantity out.
• Quantity Invoiced: Denotes the total quantity of inventory items that have been invoiced to customers.
• Balance: Refers to the remaining quantity of inventory after considering all movements (in, out, adjustments).
• Valuation: The total value of inventory on hand based on latest cost or average cost methods.
• Valuation (Average): Represents the valuation of inventory using the average cost method.
• Valuation (Latest): Indicates the valuation of inventory using the latest cost method.
• Valuation (Manual): The inventory valuation done manually or based on a specific set of calculations.
• Rolling Balance: The ongoing balance of inventory considering continuous inflow and outflow over time.
• Rolling Valuation: The total value of inventory on hand based on rolling average cost or latest cost methods.
• Rolling Valuation (Average): Represents the rolling valuation of inventory using the average cost method.
• Rolling Valuation (Latest): Indicates the rolling valuation of inventory using the latest cost method.
• Rolling Valuation (Manual): The rolling inventory valuation done manually or based on calculated methods.
• Sales Amount: The total monetary value of inventory items sold.
• Sales Cost: The cost incurred to produce or acquire inventory items that were sold.
• Sales Profit: The profit generated from the sales of inventory items.
• Sales Profit Margin: The percentage representing the profit margin on sales.
• Unit Cost: The cost associated with a single unit of inventory item.
• Average Cost: The average cost of inventory items, calculated based on all costs incurred.
• Latest Cost: The most recent cost associated with purchasing or producing inventory.
• Lowest Cost: The minimum cost among different cost values associated with inventory.
• Highest Cost: The maximum cost among different cost values linked with inventory.
• Lowest Cost (Calc.): The calculated lowest cost of inventory items based on specific calculations.
• Highest Cost (Calc.): The calculated highest cost of inventory items based on specific formulas.
• Average Cost (Calc.): The calculated average cost of inventory items using defined algorithms.
• Manual Cost: The cost manually assigned or adjusted for inventory items.
• Last GRV Cost: The last cost referred to in a goods receipt and valuation process.
• Cost Variance (Latest vs Avg.): The variance between the latest cost and average cost of inventory items.
• Debit: Represents the amount debited or owed related to inventory transactions.
• Credit: Denotes the amount credited or received concerning inventory activities.
• Current Month Units: The total units of inventory transactions within the current month.
• Current Month Sales: The monetary value of inventory items sold during the current month.
• Current Month Profit: The profit generated from inventory sales in the current month.
• YTD Units: The year-to-date total units of inventory transactions.
• YTD Sales: The year-to-date monetary value of inventory items sold.
• YTD Profit: The profit generated from inventory sales year-to-date.

Available Visualizations

View Name	Description
Detailed Inventory Item Listing / Valuation BY WAREHOUE BY COMPANY	Provides detailed listing and valuation of inventory items by warehouse and company.
Movement Details	Offers insights into inventory movement activities, indicating inflow, outflow, and transfers.
Inventory Balance & Valuation by Tr. Code	Shows inventory balance and valuation categorized by transaction codes for better tracking.
Inventory Cost Variance Report	Highlights discrepancies in inventory costs compared to expected values, aiding in cost control.
Cost Comparison by Period	Compares inventory costs over specific time periods to identify trends and variations.
Inventory Balance & Valuation Over Time	Tracks inventory balance and valuation changes over time to monitor performance.
YTD/MTD KPIs	Focuses on year-to-date and month-to-date key performance indicators for inventory management.
Cumulative Inventory Valuation by Warehouse	Summarizes cumulative inventory valuation by warehouse to assess overall value distribution.
Inventory Management Report (Current Month)	Provides a comprehensive inventory management report for the current month's activities.
Detailed Inventory Item Listing / Valuation	Displays detailed listing and valuation information of inventory items for analysis.
Movement Over Time by Warehouse/Item	Illustrates inventory movement trends over time by warehouse and item for informed decisions.
Product-Wise Inventory Value	Analyzes inventory value based on individual products to optimize stock levels.
Inventory and Sales KPIs	Evaluates key performance indicators related to both inventory management and sales activities.
Inventory Valuation	Focuses on accurate valuation of inventory assets for financial and operational decision-making.
On-hand Inventory Quantity (by Warehouse)	Details on-hand inventory quantities by warehouse for efficient stock monitoring and replenishment.
Key Performance Indicator View	Offers a holistic view of key performance indicators related to inventory management for strategic planning.