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Negative Inventory Playbook
Aspire Software avatar
Written by Aspire Software
Updated over 2 weeks ago

What are we measuring: Items in your inventory with a negative quantity

Why are we measuring this: While the ability to go into the negative is a handy tool in the short term, we should not be ending months with negative inventory. These skew inventory value.

Scoring: 0-24, 35-49, 50+

Recreate Metric: Advanced Search Link shows: Purchasing Module – Inventory Tab; Status = Active.

💡 For refined results:

  • Choose inventory location – Select Allocation from sub header

  • Filter: Quantity Less than 0

Common Issues:

  • Not doing quantity on hand adjustments on a regular basis to keep inventory clean

Practical:

  • Make sure you are doing hard counts for your inventory at least once a quarter and making quantity on hand adjustments

Resources

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