Purpose
1.2. Deliver actionable visibility into overstock and slow-moving items, enabling procurement optimization and resource allocation.
1.3. Provide periodic or real-time dashboards and exception alerts on inventory dynamics, aged stock, and supplier-specific performance.
Trigger Conditions
2.2. Threshold-based: Low/high turnover ratio detection for specified SKUs or suppliers.
2.3. Manual: On-demand initiation by authorized analytics or operations staff.
2.4. Data updates: New batch or stock movement data added to ERP or WMS.
Platform Variants
• Function: Inventory Management API—/API_MATERIAL_STOCK_SRV for real-time inventory updates; schedule recurring OData queries.
3.2. Microsoft Dynamics 365
• Feature: Data Export Service—configure auto-sync of inventory and sales lines to Azure Data Lake for transformation.
3.3. Oracle NetSuite
• Feature: Saved Searches—trigger on inventory records; REST API for periodic data extraction.
3.4. Salesforce
• Feature: Inventory Analytics—schedule automated Flow or Apex process to export and analyze product2 records.
3.5. Google Sheets
• API: Sheets API—batch update-triggered scripts to pull raw sales and inventory from integrated systems.
3.6. Power BI
• Feature: Scheduled Dataflows—connectors for warehousing databases; automate DAX-based turnover calculations.
3.7. Tableau
• Function: Tableau Prep Conductor—automate refresh from SQL sources, apply turnover formulas on import.
3.8. QuickBooks Online
• API: Inventory endpoint data polling—set scheduled HTTP GET for item activity.
3.9. Xero
• API: GET Inventory endpoint, use daily webhooks for product updates and automated report generation.
3.10. Zoho Inventory
• Feature: Custom Functions—set Inventory Turnover script as scheduled workflow and send summarized reports.
3.11. SAP Business One
• API: DI API stock queries; use Service Layer to pull turnover and build custom alerts.
3.12. Amazon Redshift
• Function: Data Pipeline—schedule query jobs for sales/outflow vs. average inventory data extraction.
3.13. Snowflake
• Feature: Streams & Tasks—auto-trigger calculation whenever new inventory or sales batch is loaded.
3.14. Smartsheet
• API: Webhooks—listen for changes in inventory rows; auto-run turnover update scripts.
3.15. Airtable
• Feature: Automations—schedule scripts to calculate and post turnover ratio in dashboard field.
3.16. Monday.com
• Feature: Automations—set recurring item aggregation and send alerts on outliers in inventory velocity.
3.17. SAP BW/4HANA
• Feature: Data Acquisition Scheduling—periodically run ETL jobs for turnover KPI extraction.
3.18. IBM Cognos Analytics
• Function: Triggered Data Module Refresh—connect to inventory DBs, automate ratio calculation via logic layers.
3.19. Odoo
• Feature: Automated Actions—Python scripts on stock.move and stock.quant models for periodic analytics.
3.20. Sisense
• Function: Scheduled Elasticubes—auto-run turnover formulas on pre-aggregated cubes; push results to dashboards.
Benefits
4.2. Enables faster supply chain decision-making with automatic insight delivery.
4.3. Reduces risk of overstock or understock, improving cash flow and supplier performance transparency.
4.4. Accelerates executive analytics cycles and empowers data-driven procurement strategies.