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Question

IFS Cloud Inventory turnover rate

  • May 14, 2024
  • 1 reply
  • 77 views

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IFS Cloud user here.

 

How do I determine the frequency that an inventory has turned? Replenishment and issue are important.

1 reply

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  • Hero (Partner)
  • 145 replies
  • May 15, 2024

You need to perform a few prerequisite steps before you can analyse.
1. Complete Month End Process (Transfer inventory Transactions)
2. Aggregate Inventory Transactions
3. Perform ABC,Frequency Class Calculations (Assuming you have set up the required basic data)

Then you will be able to analyze the info required.


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