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Multi-Bin Inventory Analysis

The data model includes views such as MB Inventory Valuation Report for optimizing stock levels, Days of Inventory On Hand for calculating sales speed, Inventory Turnover Rate for measuring inventory turnover, Stockout Analysis for monitoring out-of-stock situations, and Slow-Moving Inventory Report for identifying stagnant items. Measures include Quantity On Hand, Quantity Allocated, Quantity Available (calculated), Unit Cost, Extended Cost, Item Volume, and Item Ship Weight for inventory valuation and management.

Benefits of This Data Model​

  • Improved Stock Optimization: The data model provides insights through the MB Inventory Valuation Report, allowing for better stock level optimization.
  • Enhanced Sales Speed Calculation: Days of Inventory On Hand helps in accurately calculating the average number of days to sell current inventory levels.
  • Efficient Inventory Turnover Measurement: The Inventory Turnover Rate view enables precise measurement of how quickly inventory is sold and replaced within a specific timeframe.
  • Effective Stockout Monitoring: Stockout Analysis view assists in monitoring and analyzing instances of inventory running out, providing insights into sales impact and customer satisfaction.
  • Identifying Stagnant Inventory: The Slow-Moving Inventory Report helps in identifying stagnant inventory items that impact cash flow and storage costs.

Key Performance Indicators (KPIs)​

  • Quantity On Hand: The total quantity of a specific item currently in stock and available for sale.
  • Quantity Allocated: The quantity of a specific item that has been reserved or allocated for specific purposes such as orders or projects.
  • Quantity Available: The amount of a specific item that is currently in stock and ready to be sold or used, calculated as Quantity On Hand minus Quantity Allocated.
  • Unit Cost: The cost of a single unit of a specific item, which is used to calculate the cost of the inventory on hand.
  • Extended Cost: The total value of the inventory on hand for a specific item, calculated as Unit Cost multiplied by Quantity On Hand.
  • Item Volume: The physical space occupied by a specific item in the inventory, usually measured in cubic units.
  • Item Ship Weight: The weight of a specific item, typically used to calculate shipping costs and logistics.

Available Visualisations​

View NameDescription
MB Inventory Valuation ReportAnalyzes inventory value across multiple bins to identify variances and optimize stock levels.