The Slow Moving Inventory Analysis Solution is a comprehensive tool designed to help businesses monitor and manage inventory items that exhibit low or no consumption over a specified period. By identifying these slow-moving materials, companies can optimize their inventory levels, reduce holding costs, and improve overall supply chain efficiency.
Key Features and Functionality:
- Slow-Moving Indicator : Calculates the ratio of total consumption quantity to stock quantity over a defined analysis period, allowing for the identification and comparison of slow-moving materials.
- Predictive Analytics: Utilizes historical data to forecast the future consumption of materials, enabling proactive inventory management decisions.
- Comprehensive Reporting: Provides detailed reports on slow or non-moving materials, including stock levels, consumption rates, and potential opportunity costs associated with holding such inventory.
- Integration with SAP S/4HANA: Seamlessly integrates with SAP S/4HANA, offering a unified platform for inventory analysis and management.
Primary Value and Problem Solved:
The Slow Moving Inventory Analysis Solution addresses the challenge of excess inventory by identifying items that are underutilized or stagnant. By highlighting these materials, businesses can take corrective actions such as adjusting procurement strategies, reallocating resources, or implementing promotional activities to stimulate demand. This proactive approach leads to reduced holding costs, minimized risk of obsolescence, and enhanced cash flow, ultimately contributing to a more efficient and responsive supply chain.