Create Report for Slow Moving Inventory Parts

@alina.panait To categorize/ identify the slow-moving parts in inventory management, the issue qty vs inventory qty per part over the statistical period is used. From that the rate of issuance can be derived.

If the issues qty is x and inventory qty is y;

the Issued Qty rate = x * 100 / y

If the rate of issuance for a part falls below the benchmark value, those parts can be categorized as slow-moving items.

Typically, this value falls within the range of 10% to 20%. However, the system allows flexibility for users to choose any value that best suits their business needs. Therefore the system checks the rate of a part against provided value and if the rate of the part is below than the value specified, such parts will be included in the report.

You might have already figured this out but hope this helps for future visitors.