Inventory Analysis & Reporting System

Application Description

Inventory Analysis and Reporting System is designed to provide the easiest way to management insight into its inventory and point to specific products for which optimization could be done successfully. This way the management gets a tool to perform utilization of costs on the stock, but also through various methods gets advanced reporting system to all participants in the logistics chain.

IARS can help you to:

-Ensure you can meet the demands of customers and production and to be sure you are ordering enough stock in the future
-Quickly determine which products you should have in stock
-Identify overstocked products that contribute to increase costs
-Identify under-stocked products that lead to a decrease in service level
-Determine the maximum and minimum stock levels, based on system recommendations

IARS provides:

-Analysis of inventory management
-The clear picture about trend of inventory turnover by analysing input data and providing reports
-An animated presentation of the quantity of inventory change through time (trend)
-Comparative reports of two stock cross-cuts in time

IARS features include:

-System configuration
-Data filtering
-Reporting system
-Analysis of comparative calculations

Benefits for the customer:

-IARS is an application that uses simply created input data and performs complex calculations and analysis on them and generates customized reports.
-Based on the analysis and reports generated by IARS – with built-in comments based on the best practice, users can optimize warehouse operations and achieve significant savings in ordering supplies and improve the turnover of goods based on the analyzed frequency of sales.
-Using IARS it is possible to get the trend and direction of stock management, comparative analysis and an animated graphical representation of the movement of goods in stock in a given period of time.