Collapse AllExpand All

7.7. Slow Moving Inventory

Slow moving inventory is inventory that has not been used since the specified cutoff date. Inventory is considered to have been used whenever it is issued, received, returned, counted, etc. To view slow moving inventory, go to Inventory > Reports > Slow Moving Inventory. The following screen will appear:

Slow Moving Inventory

Tip

The Cutoff Date is a required field. If you don't enter a cutoff date, no data will be displayed.

When displaying slow moving inventory, you are presented with the following options:

All Class Codes

Select to display slow moving inventory for all class codes.

Selected

Specify class code whose slow moving inventory you want to display.

Pattern

Enter a class code pattern to select a range of class codes. Refine your search using regular expressions.

Cutoff Date

Any inventory that has not been moved since this date will be displayed. This is a required field.

Tolerance

Enter an optional tolerance percentage to further refine the definition of slow moving inventory. For example, you might want to look at inventory where 10% of the quantity has not moved since the cutoff date. You can change the tolerance percentage up or down to adjust the results.

All Sites

Select to display slow moving inventory for all sites.

Selected

Specify site whose slow moving inventory you want to display.

Show Inventory Value

Select to include the inventory value of slow moving inventory in the display. Once selected, specify one of the following costing options:

Use Posted Costs

Select to show inventory value based on the costing method defined for the item site. Item sites may use the following costing methods, depending on the item type: standard, average, job (i.e., job items), and none (i.e., reference items and any items having a control method = none).

Use Standard Costs

Select to show inventory value based on standard costs.

Use Actual Costs

Select to show inventory value based on actual costs.

Quantities on Hand

Display lists quantities on hand (QOH) for slow moving inventory, using the specified parameters.