Item Activity
The data model includes measures for Quantity, Base Unit Quantity, and Standard Method Valuation. Views provide insights on Inventory, KPIs for Stock On Hand, Stock On Hold, Stock Available, Stock On Order, Top/Less 10 Items by Qty, and Warehouse distribution by Quantity. The model facilitates monitoring stock levels, valuation methods, and stock distribution across warehouses for effective inventory management.
Benefits of This Data Model
- Enhanced Data Visibility: The data model provides a comprehensive view of inventory levels, stock distribution by warehouses, and top/low items by quantity, enabling stakeholders to make informed decisions based on real-time insights.
- Optimized Inventory Management: Through monitoring stock levels, stock valuation methods, and stock availability for shipment, the model supports efficient inventory management practices, ensuring adequate stock levels and timely order fulfillment.
- Performance Tracking: The measures for Quantity, Base Unit Quantity, and Standard Method Valuation facilitate monitoring key performance indicators such as stock on hand, stock on hold, stock available, and stock on order, enabling businesses to track their performance against set targets.
- Insightful Stock Analysis: With views like Warehouse distribution by Quantity, the model offers granular analysis of stock distribution per warehouse, allowing businesses to identify trends, optimize stock allocation, and streamline warehouse operations effectively.
Key Performance Indicators (KPIs)
- Quantity: The amount of a specific item that has been moved, sold, or used within a given time period.
- Base Unit Quantity: The quantity of an item measured in its standard base unit, such as pieces, liters, or kilograms.
- Standard Method Valuation: The value assigned to the items based on a standard valuation method, such as FIFO or Weighted Average Cost.
Available Visualizations
| View Name | Description |
|---|---|
| Inventory | Overview of all items in stock. |
| KPI Stock On Hand | Monitoring current stock available for sale. |
| KPI Stock On Hold | Tracking stock that is currently on hold. |
| KPI Stock Available | Calculating available stock ready for shipment. |
| KPI Stock On Order | View pending stock orders awaiting delivery. |
| Inventory | Detailed report on current inventory levels. |
| Top 10 Items by Qty | Ranking of items with highest quantities in stock. |
| Less 10 Items by Qty | Identifying items with low quantities in stock. |
| Warehouse by Qty | Analysis of stock distribution per warehouse. |