Inventory Valuation

The data model includes measures such as Quantity On Hand, Total Cost, and Unit Cost to analyze and manage inventory. Views like Inventory Valuation, Inventory Turnover, and Stockout Analysis help in assessing stock value, turnover rate, and preventing revenue loss due to stockouts. Additionally, the model evaluates vendor performance through the Vendor Analysis view and examines product profitability and sales contributions using the Product Mix Analysis view. Sales Performance view provides insights into revenue, profit margins, and product performance.

Benefits of This Data Model

• Improved Inventory Management: Enhances the ability to track Quantity On Hand, Total Cost, and Unit Cost to optimize inventory levels and prevent overstock or stockouts.
• Enhanced Sales Analysis: Allows for detailed Sales Performance insights, facilitating better decision-making regarding revenue, profit margins, and product performance.
• Vendor Performance Evaluation: Enables thorough assessment of supplier performance through the Vendor Analysis view, leading to improved vendor selection and relationship management.
• Product Profitability Analysis: Provides a clear understanding of product profitability and sales contributions, aiding in identifying high-performing products and optimizing product mix strategies.
• Effective Stockout Prevention: Helps in identifying potential stockouts through Stockout Analysis, allowing proactive measures to be taken to prevent revenue loss due to supply shortages.

Key Performance Indicators (KPIs)

• Quantity On Hand: The total quantity of a specific item currently in stock and available for sale in the inventory.
• Total Cost: The sum total cost of all items in the inventory, calculated by multiplying the quantity of each item by its respective unit cost and summing up the costs.
• Unit Cost: The cost associated with one unit of a specific item in the inventory, used to determine the cost of each item in stock.

Available Visualizations

View Name	Description
Inventory Valuation	Provides a summary of the total value of goods in stock and cost of goods sold.
Sales Performance	Analyzes sales data to measure revenue, profit margins, and product performance.
Inventory Turnover	Calculates how quickly inventory is sold and replaced within a set time frame.
Vendor Analysis	Evaluates supplier performance based on delivery times, quality, and costs.
Product Mix Analysis	Examines the contribution of each product to overall sales and profitability.
Stockout Analysis	Identifies instances when demand exceeds supply leading to potential revenue loss.