Consumer demand keeps changing and Inventory levels are constantly fluctuating. It’s a never-ending battle, complex, and it takes time to maintain proper quantity on hand for every item on SKU level. DataQlick addresses this problem with simple color-coding technique to provide visual clues to inventory status. It serves like a traffic light to indicate product urgency status. It allows simple and effective monitoring of inventory stock levels.
Based on its rate of consumption (sales average) and reorder cycle lead time, every item in inventory have its own triggers Reorder Points. These will then be used to indicate when replenishment order must be placed to avoid stock outs.
This is how DataQlick breaks down complete inventory for the customer:
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