Approval of uncommon inventory values
Inventory, Knowledge Base
To reduce the occurrence of erroneous entries made to an inventory item’s Avg Cost and/or its stock on hand quantities, a Manager Approval window opens requesting Manager approval to save an item anytime a value greater than 10,000 is present in either field. You may still have numbers greater than 10,000 in these fields, but […]
Dump SKU margin protection
Inventory, Knowledge Base, Policy, Process, Reports
Paladin’s Invoice Margin Analysis report helps stores identify holes in their margin reporting. The most common issue involves dump SKU part numbers (and Kit Trigger items) that have no Avg Cost and no Ref Margin. Remember that inventory items will be considered a dump SKU if Avg Cost is zero. When this happens, the Ref […]
