The Out of Stock Days Count by Product report in Assisty allows you to track the number of days each product has been out of stock within a specified period. By monitoring stockouts, you can identify products with frequent or prolonged periods of unavailability, enabling you to take proactive measures to ensure consistent product availability and meet customer demand. This guide will walk you through the steps to access and utilize the Out of Stock Days Count by Product report effectively.

Step 1: Accessing the Out of Stock Days Count by Product Report

Log in to your Assisty account.
Navigate to the Report Library section.
Select the "Inventory Control" category.
Choose the "Out of Stock Days Count by Product" report.

Step 2: Understanding the Out of Stock Days Count by Product Report

The Out of Stock Days Count by Product report provides insights into the availability of each product by tracking the number of days it has been out of stock.
The report includes the following information for each product:
Product Name: The name or identifier of the product.
Out of Stock Days Count: The total number of days the product has been out of stock within the specified period.

Step 3: Analyzing the Out of Stock Days Count by Product Report

Review the Out of Stock Days Count by Product report to identify products with frequent or prolonged stockouts.
Pay attention to products with a high number of out of stock days, as they may require further investigation and action.
Use the data provided in the report to assess the impact of stockouts on your business, such as potential revenue loss, customer dissatisfaction, and missed sales opportunities.

Step 4: Taking Action based on Out of Stock Days Count Analysis

Evaluate the products with a significant number of out of stock days and consider the following actions:
Inventory Replenishment: Ensure timely and sufficient replenishment of inventory for high-demand products to minimize stockouts.
Demand Forecasting: Utilize demand forecasting techniques to anticipate customer demand and adjust inventory levels accordingly.
Supplier Management: Communicate with suppliers to improve lead times, streamline order processes, and minimize stockouts caused by supplier delays.
Inventory Optimization: Analyze inventory levels, reorder points, and safety stock to strike a balance between minimizing stockouts and carrying excess inventory.

Updated on: 12/07/2023