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Inventory Snapshot Report
Inventory Snapshot Report
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Written by Stephanie Kelley
Updated over 3 months ago

The Inventory Snapshot Report provides warehouse managers with a daily snapshot of their inventory, taken once a day at night at the same time. This report helps align inventory data with billing cycles and aids in financial reconciliation. By offering key inventory details, including item dimensions and location information, it enhances decision-making for stock management, space utilization, and overall logistics planning.

Key Features

  • Daily Inventory Tracking: Capture a snapshot of your inventory taken automatically once a day, allowing you to track inventory consistently over time.

  • Comprehensive Details: Includes vital information such as item dimensions (weight, length, width, and height), inventory status, lot/batch details, and license plate numbers.

  • Customizable Views: The report is sortable and filterable, allowing users to customize the data based on specific needs like warehouse, location, or product.

  • Excel Export: Easily export data to Excel for further analysis or reporting.

  • Permission-based Access: Users can only view the inventory snapshots for warehouses and clients they are authorized to access.

Field

Description

Warehouse

The specific warehouse where the product is stored.

Client

The client or customer associated with the product inventory.

Snapshot Date

The date when the inventory snapshot was captured.

SKU

The stock-keeping unit identifier for the product.

Location

The location code within the warehouse where the product is stored.

LP Number

The license plate number associated with the stored product.

UOM Qty

The quantity of the product in its base unit of measure (UOM).

Pack Qty

The quantity of the product based on its pack size.

Lot Batch Number

The lot or batch number associated with the product, if applicable.

Expiry Date

The expiration date of the product, if applicable.

Damage Reason

The reason for any damage noted for the product, if applicable.

Parent LP Number

The license plate number for the parent container or pallet, if applicable.

UOM Pack Type

The type of packaging for the product in its base unit of measure (UOM).

Pack Type

The type of packaging used for the product (e.g., box, pallet, etc.).

Inventory Status

The current status of the inventory, such as available, damaged, or on hold.

Product Weight

The weight of the product.

Product Lenght

The length of the product.

Product Width

The width of the product.

Product Height

The height of the product.

Explanation of the Report's Purpose

The Inventory Snapshot Report is designed to provide a comprehensive daily record of inventory levels, locations, and associated details. Captured at the same time every night, this report offers a snapshot of inventory status, helping businesses accurately track stock quantities, packaging types, and product dimensions.

The primary purpose of this report is to:

  1. Assist in Financial Reconciliation: By aligning daily inventory data with billing cycles, businesses can ensure accurate financial tracking, avoid discrepancies, and optimize billing processes.

  2. Enhance Inventory Management: The report provides insights into product location, lot/batch numbers, expiry dates, and license plate numbers, enabling more effective management of stock across multiple warehouses.

  3. Support Decision-Making: The inclusion of detailed product dimensions and statuses allows for better strategic decision-making regarding stock levels, space utilization, and replenishment needs.

  4. Improve Accuracy in Operations: With this snapshot, users can compare historical data, evaluate inventory status changes, and ensure smooth operations by having detailed records of daily inventory conditions.

This report is particularly valuable for evaluating warehouse performance, making data-driven inventory decisions, and managing billing cycles efficiently.

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