How To

Inventory Velocity Report

The Inventory Velocity report provides information on the recent sales of each SKU as well as an estimate of how long the existing quantity will last. 

This report is useful for identifying those SKUs which are fast moving  and at risk of selling out quickly.  The person responsible for re-ordering inventory will use this report to look for SKUs that need to be reordered as well as SKUs that are slow moving and may need to be discounted or written off.

Prerequisites


 

Notes on the Inventory Velocity Report


  • The report contains only those SKUs that have had sales over the past 2 weeks. If a product had no sales in the most recent 2 weeks then it will not be included in this report.

Reference


  •  Glossary of Terms  for definitions including formulas for calculations for each column of the report.

The Inventory Velocity report provides information on the recent sales of each SKU as well as an estimate of how long the existing quantity will last. 

This report is useful for identifying those SKUs which are fast moving  and at risk of selling out quickly.  The person responsible for re-ordering inventory will use this report to look for SKUs that need to be reordered as well as SKUs that are slow moving and may need to be discounted or written off.

Prerequisites


 

Notes on the Inventory Velocity Report


  • The report contains only those SKUs that have had sales over the past 2 weeks. If a product had no sales in the most recent 2 weeks then it will not be included in this report.

Reference


  •  Glossary of Terms  for definitions including formulas for calculations for each column of the report.
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