Home » Categories » Solutions by Business Process » Stock Control and Batch Tracking

Over-Stocking and Slow Moving Stock

Datafile Software

Over-Stocking and Slow Moving Stock

Where only manual methods of stock control are used it is common to find that fast-moving items are under stocked (greater risk and frequency of out-of-stock situations) whereas slower-moving items are overstocked. The Datafile Software stock system tries to help you here too. But first you must define what "overstocked” and "slow-moving” means to your organisation.

You must define two general parameters to the stock System Profiles:

Excess stock number of periods. If you have enough stock to meet demand for the next two years, most people would suggest that you were overstocked — we assume for the moment that supplies are still available! If you had stock only for the next two weeks, then few would suggest you were overstocked.Somewhere in between these two extremes is an arbitrary time period — measured in the time period units defined above — where you probably have more stock than you need keep. Of course, this may depend also on the average length of time that it takes you to obtain new stock in your industry. If supplies are generally slow, then you may prefer to give a longer time period to report excess stock than if stock can generally be obtained in days

Slow moving stock days. This is not so much a question that you have more stock than is needed to meet demand over a pre-defined period, but that there has been no demand at all over a certain period. The time period given here is measured in days, regardless of the time period unit defined above

There are two reports which use these parameters, the Excess Stock report, and the Slow Moving Stock report — both are described in more detail in the User Instructions later.These reports show you where you can reduce your stockholding, either by taking some positive action to move the items, or by returning stock to suppliers where sale-or-return facilities are offered (such as the book trade).

Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Compact & Audit Database - Batch Tracking
Viewed 1217 times since Tue, Jun 19, 2012
Copy Batch Items to Stock Transactions
Viewed 1366 times since Fri, Jun 8, 2012
Document Design Manager - Document Watermark - Stock Control
Viewed 1334 times since Tue, Jun 19, 2012
Matrix Enquiry - Batch Tracking
Viewed 1295 times since Tue, Jun 19, 2012
Order Entry - Batch Tracking
Viewed 1571 times since Tue, Jun 19, 2012
Force To-Stock to Match From-Stock on Batch Transfers
Viewed 1333 times since Mon, Jun 11, 2012
Out of Stock Report - Stock Control
Viewed 1321 times since Mon, Jun 18, 2012
Additional Lookup Options in Stock Maintenance Screens
Viewed 2040 times since Tue, Jun 12, 2012
Document Design Manager - Page Setup - Stock Control
Viewed 1367 times since Tue, Jun 19, 2012
System Profiles - Batch Tracking
Viewed 3283 times since Tue, Jun 19, 2012