Demo video: Stock Age Report
Concept
The Inventory Aging Report is an analytical report that tracks the storage duration of inventory items, enabling businesses to assess warehouse management efficiency and categorize inventory based on aging periods (e.g., under 30 days, 30-60 days, 60-90 days, over 90 days). This provides managers with a comprehensive overview of the inventory status.
Purpose of the Inventory Aging Report
- Effective inventory control: Avoids excessive storage time that increases warehousing costs.
- Optimize cash flow: Reduces capital tied up in inventory, enhancing the company's financial flexibility.
- Reduce risks of spoilage and obsolescence: Particularly important for food, pharmaceuticals, electronics, etc.
- Develop sales strategies: Identifies which products need to be sold quickly and which can be retained.
- Support purchasing decisions: Based on actual data, prevents overstocking.
Key Features
The Stock Age Report module allows users to:
- Track product inventory aging by Period, Q'ty On Hand, and inventory Valuation for each cycle.
- Filter reports based on various criteria:
- Product, Product Category
- Warehouse, Location
- Period: Including Period Length and Number of periods to view in the report
- Company (for multi-company environments)
- Download the Stock Age Report in PDF and Excel formats.
Which Businesses Should Use This
- Commerce and Retail: Manage inventory by age group to avoid unsold or expired goods.
- Manufacturing: Monitor long-stored raw materials to optimize the production process.
- Pharmaceuticals and Food: Strictly control goods with expiration dates.
- Electronics and Components: Avoid long-term inventory that causes product devaluation.
- Supply Chain & Logistics: Manage inventory by age to optimize turnover.
Known Issues
Currently, Stock Age Report does not support products using the Standard Price method.
Editions Supported
- Community Edition
- Enterprise Edition
Installation
- Navigate to Apps.
- Search with keyword to_stock_age_report.
- Press Install.
Instruction
Instruction video: Stock Age Report
View the Stock Age Report
During the inventory management process, if you want to view the stock age report, you navigate to Inventory > Reporting > Stock Age Report. The Viindoo ERP software provides the filters tool supports you to filter and group the information on the report by different criteria:
- Warehouse and Location: you can choose to view reports in a warehouse/location or view all.
- Period: you can select the length of a period (how many days per period), the number of periods and enter the date you want the report to display up to that date.
After selecting the above criteria, you will see the number of products in the Q'ty On Hand column and the product value in the Valuation column following the selected criteria, corresponding to the stock age of the product.
Note: The stock age report only shows products with the product type is Consumable/Storable Product.
This software and associated files (the "Software") may only be
used
(executed, modified, executed after modifications) if you have
purchased a
valid license from the authors, typically via Odoo Apps,
or if you
have
received a written agreement from the authors of the
Software (see the
COPYRIGHT file).
You may develop Odoo modules that use the Software as a library
(typically
by depending on it, importing it and using its
resources), but
without
copying any source code or material from the
Software. You may distribute
those modules under the license of your
choice, provided that this
license
is compatible with the terms of
the Odoo Proprietary License (For
example:
LGPL, MIT, or proprietary
licenses similar to this one).
It is forbidden to publish, distribute, sublicense, or sell
copies of the
Software or modified copies of the Software.
Thông báo bản quyền và chấp thuận nêu trên buộc phải được bao gồm trong tất cả các bản sao hoặc các phần quan trọng của Phần mềm.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND,
EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF
MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND
NONINFRINGEMENT. IN NO EVENT
SHALL THE
AUTHORS OR COPYRIGHT HOLDERS
BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
LIABILITY, WHETHER IN AN
ACTION OF CONTRACT, TORT OR OTHERWISE,
ARISING
FROM, OUT OF OR IN
CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
DEALINGS IN THE
SOFTWARE.