Analyze Sales & Inventory Reports for Product Wholesale Operations
Objective:
– Analyze sales and inventory reports for a product wholesale business.
– Identify top-selling products, inventory discrepancies, and opportunities for optimization.
– Inform purchasing decisions, pricing strategies, and order fulfillment to maximize profitability.
Description
Expected Inputs:
– [Wholesale_Product_Type: e.g., Building Materials, Consumer Goods, Electronics Components, Specialty Food Ingredients]
– [Time_Period_for_Analysis: e.g., Last quarter, Peak season, Annually]
– [Key_Sales_Metrics: e.g., Sales volume by SKU, Revenue by client, Profit margin, Average order value, Repeat customer rate, Sales by region]
– [Key_Inventory_Metrics: e.g., Stock levels by SKU, Inventory turnover rate, Days of supply, Obsolescence rate, Warehouse utilization, Picking errors]
– [Desired_Outcome_of_Analysis: e.g., Reduce carrying costs by 10%, Improve inventory turns by 15%, Increase order fulfillment rate by 5%, Optimize pricing for bulk orders]
Results:
– A comprehensive report summarizing sales performance and inventory health.
– Identification of best-selling, slow-moving, and obsolete inventory items.
– Analysis of sales trends, seasonality, and customer purchasing behavior.
– Recommendations for purchasing adjustments, pricing strategies for bulk/volume, and warehouse optimization.
– Insights into root causes of inventory discrepancies and opportunities for loss prevention.