Fast-moving/Slow-moving Items

Fast-moving/Slow-moving Items

Fast-moving and slow-moving item reports help you identify products with high and low sales velocity, enabling better inventory planning, purchasing decisions, and inventory optimization. This guide explains how to use these reports in EquiBillBook.

What are Fast-moving/Slow-moving Item Reports?

These reports show:

• Items with high sales frequency (fast-moving)
• Items with low sales frequency (slow-moving)
• Sales velocity and turnover rates
• Items requiring attention
• Inventory optimization opportunities
• Trending products

Why Fast-moving/Slow-moving Reports are Important

These reports help you:

• Identify best-selling products
• Identify slow-moving inventory
• Optimize stock levels
• Plan purchasing decisions
• Improve inventory turnover
• Reduce carrying costs
• Maximize sales opportunities
• Clear slow-moving stock

Accessing Fast-moving/Slow-moving Reports

To view these reports:

1. Navigate to Reports → Inventory Reports
2. Select Fast-moving Items or Slow-moving Items
3. Alternatively, go to Items → Stock Reports → Fast-moving/Slow-moving
4. You can also access Trending Products report

Fast-moving Items Report

Fast-moving items report shows:

• Item Code: Item identifier
• Item Name: Product name
• Category: Item category
• Total Sales Quantity: Units sold in period
• Sales Frequency: Number of sales transactions
• Average Sales per Day: Daily sales average
• Sales Value: Total sales value
• Stock Turnover: Turnover rate
• Current Stock: Available quantity
• Days of Stock: Days of inventory on hand
• Location: Branch or location

Slow-moving Items Report

Slow-moving items report shows:

• Item Code: Item identifier
• Item Name: Product name
• Category: Item category
• Total Sales Quantity: Units sold in period
• Sales Frequency: Number of sales transactions
• Days Since Last Sale: Days since item was sold
• Current Stock: Available quantity
• Stock Value: Value of current stock
• Stock Age: Age of inventory
• Turnover Rate: Low turnover indicator
• Location: Branch or location

Criteria for Fast-moving Items

Items are classified as fast-moving based on:

• High sales frequency
• High sales quantity
• High turnover rate
• Regular sales pattern
• Low days of inventory
• Consistent demand

Thresholds can be configured in report settings.

Criteria for Slow-moving Items

Items are classified as slow-moving based on:

• Low sales frequency
• Low sales quantity
• Low turnover rate
• Long days since last sale
• High days of inventory
• Irregular or no sales

Thresholds can be configured in report settings.

Filtering Fast-moving/Slow-moving Reports

You can filter reports by:

• Date Range: Analysis period
• Item Category: Filter by categories
• Location/Branch: View by location
• Sales Threshold: Minimum sales criteria
• Turnover Rate: Filter by turnover
• Item Group: Filter by brands or groups
• Stock Status: Filter by stock levels

Stock Turnover Analysis

Turnover rate indicates:

• High Turnover: Fast-moving items
• Low Turnover: Slow-moving items
• Turnover = Sales / Average Stock
• Higher turnover = better inventory efficiency
• Lower turnover = tied-up capital

Fast-moving Items - Action Plans

For fast-moving items:

• Maintain Adequate Stock: Ensure availability
• Optimize Reorder Levels: Set appropriate levels
• Monitor Closely: Track stock levels regularly
• Plan Purchasing: Ensure continuous supply
• Negotiate Better Terms: Leverage high volume
• Promote Further: Maximize sales potential

Slow-moving Items - Action Plans

For slow-moving items:

• Promote Aggressively: Create marketing campaigns
• Offer Discounts: Clear slow-moving stock
• Bundle Sales: Combine with fast-moving items
• Review Pricing: Adjust prices to improve sales
• Stop Reordering: Discontinue if not viable
• Transfer Stock: Move to locations with demand
• Write Off: Remove obsolete inventory

Trending Products Report

Trending products show:

• Items with increasing sales trends
• Emerging fast-moving items
• Products gaining popularity
• Seasonal trending items
• Opportunities for promotion

Multi-Location Analysis

For multi-location businesses:

• View fast/slow-moving by location
• Compare patterns across locations
• Identify location-specific trends
• Plan location-wise inventory
• Transfer stock based on demand

Category-wise Analysis

Analyze by category:

• Categories with fast-moving items
• Categories with slow-moving items
• Category performance comparison
• Category-wise inventory planning
• Focus on high-performing categories

Exporting Reports

You can export reports:

• Export to Excel for detailed analysis
• Export to PDF for sharing
• Share with purchasing team
• Schedule automated reports
• Use for inventory planning

Using Reports for Decision Making

Based on analysis, you can:

• Inventory Planning: Optimize stock levels
• Purchasing Decisions: Focus on fast-movers
• Pricing Strategy: Adjust prices for slow-movers
• Promotional Activities: Promote slow-moving items
• Product Mix: Optimize product portfolio
• Cash Flow: Reduce investment in slow-movers

Fast-moving vs Slow-moving Metrics

Key metrics to compare:

• Sales Frequency: How often items are sold
• Sales Quantity: Total units sold
• Turnover Rate: Inventory turnover
• Days of Inventory: Stock on hand
• Stock Value: Investment in inventory
• Profitability: Profit contribution

Best Practices

• Review fast/slow-moving reports regularly (monthly)
• Set appropriate thresholds for classification
• Take proactive action on slow-moving items
• Ensure adequate stock for fast-moving items
• Monitor trends over time
• Compare across categories and locations
• Document actions taken
• Review and adjust strategies

Seasonal Variations

Account for seasonal patterns:

• Items may be fast-moving in certain seasons
• Adjust analysis for seasonal trends
• Plan inventory for seasonal demand
• Clear seasonal slow-movers after season
• Monitor year-over-year trends

Need Help?

If you have issues with fast/slow-moving reports:

• Ensure sales data is properly recorded
• Verify date range is appropriate
• Check that thresholds are set correctly
• Ensure stock tracking is enabled
• Verify location/branch filters
• Contact support if classifications seem incorrect

Fast-moving and slow-moving item reports are valuable tools for inventory optimization. Regular review helps identify opportunities, optimize stock levels, and improve overall inventory management and profitability.