Inventory KPI
Are you having trouble evaluating & tracking the efficieny of supply chain processes?Get the most out of Dhyey’s Inventory KPI Add-On
- Evaluate & track the efficiency of your supply chain
- Improve productivity & streamline processes
- Identify bottlenecks & maintain your stock
Now available on Microsoft App Source
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Key Features of Inventory KPI :
- Provide report showing the details of landed cost breakup and analysis of purchased items.
- View inventory cycle time for item from receipt to Outward entries like, Sales (Direct sales after procurement, non-production consumption items), Production Consumption or other outward entries.
- Select output transaction option to view inventory cycle time for item/product from production output to Sales or other outward entries
- Provides four types of stock related reports for analysis such as stock out item as on date, stock item as on date, probable stock out within period, excess stock after period.
- Keep a track of non-moving items that have not been utilized at all for a specific timeframe.
- Maintain & replenish stock based on reorder point
- Provide report showing items which compare physical inventory counts with system inventory count within next counting end date/period specified on item card.
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Product Capabilities
Benefit:
Get Raw Material Cost Report
The Inventory KPI Add-On by Dhyey provides a detailed breakdown of the landed cost and analysis of purchased items. It includes the latest three receipts and their corresponding invoices with cost breakdowns such as direct cost, transport, insurance, etc. These costs are applied to each receipt and are shown along with unit cost, actual cost amount, and expected cost amount (if the invoice has not yet been entered into the system) for each vendor from whom the item is purchased within the selected date period.
The report also includes variant-wise item details, vendor information, location, purchase receipt number, posting date, quantity, applied invoice number, and the landed unit cost for each invoice. Additionally, it provides a detailed breakdown of each cost head such as direct cost and charge items, along with the expected cost amount (if the invoice is not yet posted in the system) and the actual cost amount. If a charge item’s vendor is different from the purchased vendor, the report includes vendor details for both.Moreover, the best part is that it can be seamlessly integrated with Microsoft Dynamics 365 Business Central.
Benefit:
Inventory Cycle Time & Age
Dhyey’s Inventory KPI Add-On provides two key features to help measure inventory cycle time:
Inward Transactions: This feature allows users to view the inventory cycle time for an item from the time it is received as a procurement or production output to the point of outward entries, such as direct sales, non-production consumption items, or other outward transactions. The report also includes the age or non-moving days for the remaining inventory.
Output Transactions: This feature enables users to view the inventory cycle time for an item or product from the point of production output to the time of sales or other outward transactions. The report also includes the age or non-moving days for the remaining inventory.
Benefit:
Streamline Data Related to Inventory
Dhyeys Inventory KPI Add-On offers four type of stock related reports for analysis such as Stock out Item as on Date, Stock Item as on Date, Probable stock out within Period and Excess Stock after Period. Similarly, it provides an inventory stock out rate, which indicates the percentage of items that are not available when needed for sale or consumption. This rate is calculated by dividing the number of items not in stock by the total number of items available in inventory.
Moreover, the add-on enables businesses to identify and track non-moving or dead stock items that are not utilized at all over a specific time frame. These are goods that have ended up idle in storage locations for extended periods.Additionally, the add-on allows businesses to maintain and replenish their stock based on reorder points. It also provides data related to unreconciled inventory, which refers to the difference between the inventory records and the actual physical inventory in stock.
Leading Microsoft Partner in Gujarat
As a leading Microsoft Partner with over 15 years of experience in Technology Consulting, we at Dhyey Consulting strongly believe in facilitating a holistic and unified Digital Transformation for all our clients and partners. We are proud to be able to offer our clients a wide range of services and products that can help them take their businesses to the next level. Whether its implementing new ERP systems, migrating to the cloud, or simply streamlining their current processes, we are confident that we can help them achieve their goals.
Culture of Innovation
At Dhyey, we foster a culture of Innovation & adhere to the philosophy of Identify, Innovate & Implement. Following Microsofts vision of democratizing software & technology capabilities, we have developed a wide-range of Add-On solutions like Inventory KPI that not only complement but also seamlessly integrates with modern ERP solutions like Dynamics 365 Business Central.
Seamless Customer Experience
At Dhyey Consulting, we believe in creating a seamless customer experience and increasing customer engagement using technology and innovation. Our team of Techno-Functional Consultants are highly skilled and knowledgeable, and provide our clients with round-the-clock support. This way, our clients can focus on what they do best, while we take care of the technical details.
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Read Some of the Feedback
We’re excited to announce that we recently migrated our solution to a more modern solution. We wanted to share how this project came about and how we were able to make it happen with a minimal amount of disruption to our customers. We really appreciate Dhyey’s technical team for smooth transition.
We completed upgrade from legacy to latest version in our organization. And I have learned that it is a process. First of all, Nilesh & Dhyey team identified process gaps. And then together, we remove process gaps. Thats how entire team achieved revamped process.
Our key challenge during transition from Dynamics AX to D365 Finance was “Data upgrade”, we asked Dhyey to bring historical data from legacy to modern. Team dhyey knows the steps and get the job done. Our newer version gives us many more feature to implement to enhance solution. Latest solution also enable Power BI reporting.