All about Stock Out Reasons & Articles - Sales Trend By Periods in The Eye.
Analysing Stock Outs - Stock Out Reasons
The Stock Out Reasons widget on the Daily News shows the trend of the stock-outs happening in your stores. The Reasons might be planning, Supplier service, Warehouse-Store planning & execution, and a lot more in practice. These Reasons, because of which out-of-stock happens at your stores, have been reported here hierarchy-wise and across your stores [store-wise impact]. The hierarchy-wise representation shows how a particular category has been affected by the above-mentioned reasons.
The hierarchy view can also be drilled down to show its underlying subcategories & brands. More details about the article being stocked out such as,
The OOS Percent is the Percentage of days the article has been stocked out over the past 30 days.
The Reason trend shows the Trend of reasons in the past because of which the article has gone out of stock.
The Span of the current stock-out event shows that a particular article has been Stocking out for many days. In short words, the days for which the stock out is happening.
For Chain Stores, The Article’s stock-outs are also shown by store level.
Are shown out here for detailed analysis on major hierarchy levels, even article-wise.
The Widget shows the Effect of the reasons on your hierarchy levels, which helps to take further actions targeting the major reasons which affect the important categories.
Below are the screenshots for your reference:
A. From the Daily News Page, locate Stock Out Reasons and check out the Pie Chart for the store impacts due to out-of-stock. Also, see the Bar Chart to check out the impact of stockouts on your hierarchy and their respective reasons.
B. Use the Pareto Filters to analyse the stock-out impacts. The Stock outs can be further drilled down into specific hierarchy levels.
C. By clicking on any of the Hierarchy bars, you can open the details section of the report. There you can analyse the stockouts based on Category, Sub Categories and Brand. Also, item-wise stock-out percentage details can be found here for the past 30 days.
D. We can check the store-wise stock-out percentage based on how long they have been stocked out.
Articles - Sales Trend By Periods
The Eye helps you visualise sales in the context of product availability by date and by periods (weeks, fortnight and month).
The daily sales trend is available as a calendar heat map on the article wall and the article flash card. Hover on a particular date to view more details in a popup. If a particular date has witnessed a stock-out, the date is bordered in red and the popup on mouse-over has the stock-out reason as shown in the screenshot.
Period-wise sales trend is available on the article flash card. The tooltip has grouped information that will help you view the context of any week with its fortnight and month and vice-versa. Every group is so set up that you see sales along with corresponding product inventory availability. The thin line at the start of every group is the availability indicator. A green full line denoted very good availability. The colour of the availability line takes shades of red and its height reduces as stock-out occurs.
Keep in mind - that only if stock is available will sales register, hence a sales trend can only be trusted if availability is high. The Eye's internal algorithms compensate effects of stockouts (in steps) for factoring in forecasting. Sales trend analysis is also available at the store dimension.
See the screenshots for your reference:
A. Check the sales trends from the article wall.
B. Checking the stock-outs and no sales in sales trends.
C. Checking Sales Trends period-wise like weekly, Monthly etc.
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