The Inventory Trend Dashboard displays the total value of your inventory over the past year as compared to the prior year.
Purchasers can use this KPI to determine whether they are stocking too much or too little product. It shows the trend of the inventory value at the end of the month, previous year values are provided for seasonal context. Open this Dashboard as described in Review inventory KPIs
All figures are based on a rolling 12 month period. If the item does not have at least 12 months of history, these fields will appear blank.
To review details about inventory trends by warehouse and/or vendor on a monthly basis, click the View Detail button.
In addition to the Product Code (which you can click to open product details) and Description, you will find details for each month over the past year for
- Current Value: Value of inventory in the selected warehouse as of the previous night's data update.
- Current variance Current value of the inventory compared to the end of month value for this month and the same month one year ago.
See also