N24 Inventory Control Report
Monitoring inventory levels, material consumption and purchase orders allows the optimisation of processes related to inventory. Our team, specialising in data analysis, has prepared a report in Power BI, which allows you to track the current status of stocks and orders. The report is based on information from the Microsoft Dynamics NAV / Business Central ERP system.
N24 Inventory Control Report
The report is a clear and up-to-date source of inventory information, sent directly from the ERP system with a minimum risk of mistakes. Thanks to the report, key users have not only a general picture of the inventory situation, but they can also quickly navigate into tfine details, with the possibility of viewing a single index available.
Who is the solution for?The solution is intended especially for people responsible for purchasing, warehouse, planning, orders and logistics. It allows you to avoid shortages that may even stop production, as well as the situation of tying up funds due to excessive stock levels. It also helps to identify the causes of uncontrolled increases in stock levels and to react quickly to other unexpected indicators. This makes it possible, for example, to cancel an open order. It allows you to track trends of what stock needs to be replenished, including quantities required.
Basic parameters tracked in the report
- Inventory receipts and warehouse dispatches.
- Inventory by supplier and storage location.
- Order quantity requirements.
- Consumption for production over time and average daily consumption.
- Stock rotation.
Why should you use the N24 Inventory Control Report?
The N24 Inventory Control Report is available online, from any place with Internet access, on all devices (laptop, tablet, phone). Access is possible for many users, depending on the level of their permissions. The report is refreshed up to 8 times a day (with the Power BI Pro license). It is also possible to graphically customise the report to the visual identification of the company.
With access to information about current stock levels it's possible to:1. Optimise inventory based on historical consumption.
2. Reduce the costs of maintaining non-rotating inventories.
3. Save time spent on manual preparation of reports.
4. Avoid excessive or redundant inventory.
5. Ensure continuity of production and efficiency of service, with the lowest possible inventory costs.
6. Minimise quantitative and qualitative losses as well as normal use of stock.
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If you would like to know more about the N24 Inventory Control Report or our other solutions, please contact us.
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