Question

Inventory turnover figure to purchase requisition line?

pekkan
Rank
Userlevel 1
Badge +2

I was wondering whether somebody has good tips on how to provide our buyers with Inventory turnover figure to purchase requisition line to help them sanity check the future PO line and planning data in general. 

I’ve been looking at API’s and available views but a good candidate for the information source has not popped up… 

This information would be really helpful for reducing the inventory levels in long term. 

Thanks

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2 replies

Susith Setunga
Rank
Userlevel 7
Badge +14

Hi @pekkan ,

 

What exactly you refer to as inventory turnover here?

 

Regards

Susith

pekkan
Rank
Userlevel 1
Badge +2

Hi @Susith Setunga 

I’m looking for the same data you can get from the Inventory Turnover Rate per Period, but something that would display that per part and defaulting to last 12 month period (and would be displayed for the buyer)

In effect: Issued value / average inventory value (12 months) = Turnover Rate

 

Regards

Pekka 

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