Inventory analytics directs to tracking metrics that measure the activity and performance of your products. The continuous review and evaluation of inventory provide the insights needed to optimize stock availability to meet a need while maintaining storage costs to a minimum.
Inventory analysis also helps reduce risks and common challenges related to inventory, such as stockouts or getting dead stock, and uses technology and processes to assure inventory accuracy. It is a crucial component of managing logistics operations and can improve inventory control, supply chain efficiency, and profitability.
With Clea, We provide different types of analytics of products that are essential for businesses like
1. Top Products by Revenue
2. Top Selling Products by Volume.
3. Top Selling Products by profit ($)
4. Top Selling Areas.
Also, you can filter all data by date and with Operator, Area, and location.