By analyzing stock by item status, you can effectively manage inventory levels to meet customer demand and avoid stockouts. Understanding the quantities on purchase orders (1) helps you anticipate incoming stock, while monitoring quantities on sales orders (2) allows you to prioritize fulfilling customer orders promptly. By optimizing the quantity on hand (3), you can balance supply and demand to minimize carrying costs and maximize operational efficiency.
Analyzing stock by item status empowers you to make data-driven decisions to optimize inventory management and financial performance. By leveraging insights from quantities on purchase orders, sales orders, and hand, you can forecast demand accurately, reduce excess inventory, and improve cash flow. This strategic approach allows you to align your inventory levels with market demand, minimize stock obsolescence, and drive profitability for your business.
Navigate to Reports → Inventory → Inventory Stock Status by Item