Can Bi4Cloud report Inventory Levels ?
|Stock on Hand||Yes|
|Stock on Order||Yes|
|Stock Committed for Sale||Yes|
Xero provides basic Inventory functionality. Items can be Purchased, Sold and Inventory can be tracked.
Xero provides no Goods Receipting - when a Purchase Order converts to a Bill then the Item is considered to be in Stock - receipted.
Xero provide no Inventory Release/ Shipped - when a Quote is converted to an Invoice the Item has been released.
Bi4Cloud Inventory can report on:
- Stock (Inventory) On Hand (SOH)
- Stock (Inventory) On Order (PO Outstanding)
- Committed Stock (Inventory) (Quote Outstanding)
The Committed Stock (Inventory) is determined from the outstanding Quotes.
Bi4Cloud has several Inventory reports including:
- Inventory vs Sales
- Inventory Cover
The Inventory Report shows Committed ( Orders / Quotes), On PO and calculates Available. These value are a static position and it does not take into account the sales velocities.
The Inventory Cover Report looks at Sales in the last 8 weeks and the last 20 weeks and provides an estimate of the weeks of cover before a stock-out. The two time periods used for analysis provide for fast moving ie an 8 weeks horizon or slower moving ie. a 20 week horizon.
See also Sales vs All Inventory Reports here