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new feature
a year ago

Golden bricks: fresh and strong KPIs every day

Did you see the two golden bricks on the right top? Does it catch your attention, right?

This is what we do every single day. We take your fresh data and then calculate real availability of your articles. On the level of the article we are able to automatically identify the level of inventory which leads to lower or lost sales. This doesn’t have to be zero inventory. Every item is specific and for example if you have the last 10 pieces of bananas customers tend to pick another fruit instead.

Current availability of products

This value represents the real availability of your inventory right now. 100% means that everything your customers need to buy is available in your inventory. So basically you can satisfy your customers.

The lower the number is the bigger problem you have. The difference between 100% and this value represents lost opportunity.

Lost monthly revenue

As you know Inventoro is able to detect lost sales due to stockouts. This is an interpretation of the value you are losing on a monthly level. We also understand that this is the potential of increasing monthly revenue if you are using Inventoro. This is probably the most important benefit of Inventoro, the increasing availability. This can have a huge impact on your daily business.

Inventory reduction potential

We know your current inventory level (on hand) in value. We also know for every item you have in your portfolio the optimum inventory level. By the comparison of these two values we identify potential for reducing or decreasing inventory. This represents the sum of this potential. And this is also the second most important benefit of using Inventoro, the inventory optimization. Imagine your inventory is like a living organism which is able to balance its own structure every day. 

Happy Valentine's Day.

Avatar of authorTomas Formanek