Efficient inventory management is crucial for the smooth operation of any e-commerce or resale platform. Oopbuy, a renowned shopping agent platform, addresses this challenge by leveraging the power of spreadsheets to streamline inventory tracking, identify slow-moving goods, and optimize stock structure for improved financial efficiency.
1. Centralized Inventory Data Management
Oopbuy consolidates key inventory metrics in structured spreadsheets, including:
- Product categories: Classification for targeted analysis
- Stock quantities: Current inventory levels
- Inbound/outbound records: Movement tracking by date
- Storage locations: Warehouse positioning data
- Sales performance: Historical and real-time figures
This comprehensive dataset enables the computation of vital operational metrics.
2. Inventory Performance Analysis
Key Metric |
Calculation |
Optimization Purpose |
Inventory Turnover |
Cost of Goods Sold / Average Inventory |
Identifies slow inventory cycles |
Obsolete Stock Ratio |
DormantSKUs / TotalSKUs ×100% |
Flags requires corrective action |
3. Remedial Measures for Dormant Inventory
Oopbuy implements spreadsheet-guided strategies including:
Price Adjustments
Formula: RecommendedDiscount = (TurnoverPeriodBenchmark - ActualHoldingDays)/30 × StandardProfitMargin
Product Bundling
Tying low-velocity SKUs with fast-moving complementary goods using complementary purchase analytics
Supplier Negotiation
Tracking return eligibility windows and restocking fee thresholds in vendor contracts
4. Inventory Restructuring & Procurement Planning<
The spreadsheet system enables:
- ABC Analysis: Ranking products by revenue contribution
- Forecasting Models: Automated trend projections factoring seasonality
- Automated Reorder Points: Dynamic formulas that trigger purchase warnings
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4. Inventory Restructuring & Procurement Planning
The spreadsheet system enables:
- ABC Analysis: Ranking products by reve-nue contribution
- Forecasting Models: automated demand curves
based on 8-quarter moving averages
Just-in-Time Purchasing: Minimum quan3rForm].
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