Use reports to get overview and detailed analysis of your business and operations.
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Stock valuation and age report on FIFO basis
Raw material traceability report
Purchase rates trend analysis
Demand analysis and raw material planning report
Cost of goods sold and margin on goods report
Costing of finished goods
Stock valuation report is essential to calculate profit and loss. Sumtracker has real time valuation report of stock in hand. This stock includes all goods purchased or produced which are in the current inventory. Stock Age report gives the age in days of each stock item in the inventory. Using this you can decide which stock is dead or should move quickly.
You can get a cost of goods sold during the last month. COGS is needed to know the gross margin. For wholesalers or retailers COGS is calculated based on the purchase rates of the items sold. For manufacturers COGS is calculated on the basis of cost of finished goods sold.
For food, medicine, CPG and ISO certified companies raw material traceability is mandatory. To trace back the raw materials used in production batches are used. Each item in the system is given a unique code which can be traced back to the raw materials.
To get a overview of business performance you can generate sales and purchase reports on various parameters using Sumtracker. Some important parameters are sales based on product, customer, supplier and item category. Reports can be generated on any date range and real time.
Sumtracker records all transactions related to inventory. You can filter see the movement of any item from purchase to sales. Using transaction logs you can track any mistakes or mismatches in your data.
Every single person at every single level in the supply chain has benefited from this switch. Thanks to Sumtracker, we know more about our business today, and we keep improving our processes and systems everyday.