Inventory Aging

The Inventory Aging widget has been added to provide insight in the age of the available inventory for specific items in one or multiple warehouses that belong to a specific site or company.

The new widget uses dates and quantities of incoming and outgoing inventory transactions, and compares receipt dates with consumption dates. Its main purpose is to indicate which inventory is not very current or used frequently and which items may become obsolete. Additionally, it shows the storage duration of the items in a warehouse.

A reference date can be specified that deviates from the current date. The receipt transaction dates are subtracted from this date to calculate the storage duration of not fully consumed received quantities. The current date is used as the default reference date.

The information and quantities displayed in the widget can be aggregated by item and site or company.