Inventory · The ageing report · Element
The age bands
Stock grouped by how long it has been held.
The part
What it is
Bands should be set against the item’s normal turnover rather than by calendar convention, since ninety days means different things for different products.
The oldest band is the one worth reading, and it is usually smaller in volume and larger in value than expected.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.
The other elements in the ageing report
The movement rate
How fast each item is actually turning.
LearnThe disposition
What is being done about the slow and dead stock.
Learn