Purchases

The data model incorporates information on quantity, base unit price, base total, transaction unit price, transaction total, reporting unit price, and reporting total. It enables tracking of purchase details, shipment status, delivery times, billing specifics, and invoicing efficiency. This data model also supports demand forecasting, inventory management, budgeting, supplier negotiations, financial analysis, and facilitates international trade insights and sales trend analysis.

Benefits of This Data Model

• Enhanced Purchase Decisions: The data model supports detailed analysis of supplier performance, enabling informed decisions on vendor selection and negotiations for optimizing procurement costs.
• Streamlined Logistics: By tracking shipment status and delivery times, the data model improves logistics efficiency, facilitating timely deliveries and enhancing customer satisfaction.
• Improved Financial Analysis: With insights into billing specifics and invoicing efficiency provided by the data model, organizations can conduct in-depth financial analysis to manage cash flow effectively and make informed strategic decisions.
• Optimized Inventory Management: The data model's ability to forecast demand and monitor ordering patterns helps in optimizing inventory levels, ensuring that organizations maintain adequate stock without overstocking or facing shortages.
• Enhanced Sales Trend Analysis: Through correlating invoice amounts and quantities sold, the data model offers valuable insights into sales trends, enabling businesses to identify top-performing products and adjust pricing strategies for improved sales performance.

Key Performance Indicators (KPIs)

• Quantity: The amount of units purchased in a transaction.
• Base Unit Price: The original price per unit before any discounts or markups.
• Base Total: The total cost of the purchase before any currency conversion.
• Transaction Unit Price: The specific price per unit at the transaction level.
• Transaction Total: The total cost of the purchase at the transaction level (quantity * transaction unit price).
• Reporting Unit Price (You Reporting Currency): The currency converted price per unit as reported in a specific reporting currency.
• Reporting Total (You Reporting Currency): The currency converted total cost of the purchase in a specific reporting currency.

Available Visualizations

View Name	Description
Shippings	Tracks shipment status and delivery times to improve logistics and customer satisfaction.
Orders	Provides details on purchase orders, helping in demand forecasting and inventory management.
Quotes	Displays quoted prices for potential purchases, aiding in budgeting and supplier negotiations.
Invoices	Shows billing details, supporting financial analysis and cash flow management.
Returns	Monitors returned items to identify trends and improve product quality and customer satisfaction.
Top 10 Vendors by Ordered Amount	Identifies key suppliers for evaluation and negotiation based on order volume.
Top 10 Items by Order Amount	Highlights best-selling products to optimize stock levels and pricing strategies.
Purchase Stages	Tracks the progress of purchases to streamline workflows and reduce lead times.
KPI - Invoices	Offers key performance indicators related to invoicing efficiency and financial health.
KPI - General	Provides overall performance metrics for monitoring and improving purchasing processes.
Quantity Shipped by period	Reports on shipment volumes over time, aiding in production planning and logistics optimization.
Ship by Country	Analyzes shipping destinations and costs by country for international trade insights.
Invoice Amount / Quantity by Period	Offers insights into sales trends and revenue generation by correlating invoice amounts and quantities sold.