Oopbuy's Inventory Optimization and Slow-Moving Goods Management Using Spreadsheets

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:

  1. ABC Analysis: Ranking products by revenue contribution
  2. Forecasting Models: Automated trend projections factoring seasonality
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    4. Inventory Restructuring & Procurement Planning

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