Restocking Report Overview

The Restocking Report, although not explicitly named as such, is a term used to describe the process of assessing inventory levels and determining what items need to be restocked based on demand and sales data.

Restocking Report is not a specific feature available in the Softbase system. However, there are some reports that can provide insights into restocking decisions, such as the Parts Total Demand and Sales report and the Purchase Order with Demand Sales report.

Accessing Relevant Reports

1. Parts Total Demand and Sales Report: This report provides a snapshot of the demand and sales of parts over a specified period, typically the last three months. It shows the quantity of parts sold, the number of bin trips (indicating how frequently the part is retrieved from inventory), and the sales figures. Users can use this report to gauge the demand for certain parts and decide whether restocking is necessary.
   

a)      Access the Reports Section: Log in to the system and navigate to the Reports tab.

b)     Select Report Type: Look for the option to generate a custom report. In this case, you'll want to choose the "Parts Total Demand and Sales" report type located under parts option.

c)      Specify a Purchase order #: Choose a Purchase order for which you want to generate the report. Typically, this includes the last three months to provide a recent overview of demand and sales trends.

d)     Run the Report: Initiate the report generation process. The system will compile the data based on the selected criteria and generate the Parts Total Demand and Sales Report.

e)      Review the Report: Once the report is generated, review the data presented. Pay attention to the quantities of parts sold, bin trips, and sales figures for each part included in the report.

         f)      Analyze the Data: Use the information provided in the report to analyze demand and sales patterns. Look for trends such as high-demand items with low sales or parts that frequently require restocking due to frequent bin trips.

         g)     Make Informed Decisions: Based on your analysis of the report data, make informed decisions about restocking inventory. Determine which parts require replenishment to meet customer demand effectively and optimize stock levels accordingly.

         h)     Save or Export the Report (Optional): If desired, save the report for future reference or export it in a preferred format for sharing with team members or management.

         i)     Take Action: Implement restocking strategies based on the insights gained from the report. This may involve creating purchase orders for restocking high-demand items, adjusting inventory levels for low-demand parts, or optimizing inventory management processes based on the findings.

2. Purchase Order with Demand Sales Report: This report is useful for analyzing parts that have been included in purchase orders generated by the auto stock feature. It shows the parts suggested for restocking, along with their demand and sales data. Users can review this report to understand why certain parts are being suggested for restocking and make informed decisions about whether to proceed with the restocking recommendations.

a)      Access the Reports Section: Log in to the system and navigate to the Reports tab.

b)     Select Report Type: Look for the option to generate a custom report. In this case, you'll want to choose the "Parts Total Demand and Sales" report type located under parts option.

c)      Specify a Purchase order #: Choose a Purchase order for which you want to generate the report. Typically, this includes the last three months to provide a recent overview of demand and sales trends.

d)     Run the Report: Initiate the report generation process. The system will compile the data based on the selected criteria and generate the Parts Total Demand and Sales Report.

             e)      Review the Report: Once the report is generated, review the data presented. Pay attention to the quantities of parts sold, bin trips, and sales figures for each part included in the report.

                    

                   f)      Analyze the Data: Use the information provided in the report to analyze demand and sales patterns. Look for trends such as high-demand items with low sales or parts that frequently require restocking due to frequent bin trips.

                   g)     Make Informed Decisions: Based on your analysis of the report data, make informed decisions about restocking inventory. Determine which parts require replenishment to meet customer demand effectively and optimize stock levels accordingly.

                   h)     Save or Export the Report (Optional): If desired, save the report for future reference or export it in a preferred format for sharing with team members or management.

                   i)     Take Action: Implement restocking strategies based on the insights gained from the report. This may involve creating purchase orders for restocking high-demand items, adjusting inventory levels for low-demand parts, or optimizing inventory management processes based on the findings.