MobilOR – Quick Menu :
An important feature about MobilOR is that its tracking system related to warehouse transactions; in brief it can help you to analyze those transactions. MobilOR realizes it with its periodic stock tracking algorithm. This can help you to calculate Inventory Turnover rates.
MobilOR – Inventory Turnover Screen
After its first setup and configuration, Inventory Turnover calculation begins with the first stock transaction within MobilOR. From that point on, you can track daily transactions related to your raw materials, semi-finished products and finished products, and by this way you can calculate critical inventory level for those materials & products.
What is Critical Inventory Level ?
This is the minimum amount of raw material, semi-finished product or finished product level that is needed to be present in your inventory to run your business without an out of stock problem. If you have any good in your inventory below critical inventory level defined for it, you can face an out of stock case for expected orders. For this problem, MobilOR can help you to define critical inventory level for your goods and thus prevents you to facing “out of stock” level.
MobilOR – Inventory Turnover Calculation