Effective inventory management is crucial for Oopbuy, a reliable purchasing agent platform, to maintain operational efficiency and financial liquidity. By leveraging spreadsheets, Oopbuy can systematically organize and analyze inventory data, enabling informed decision-making to optimize stock levels and address slow-moving goods.
Oopbuy relies on spreadsheets to centralize critical inventory information, including:
The platform calculates key performance indicators in spreadsheets to assess inventory health:
Metric | Formula | Purpose |
---|---|---|
Inventory Turnover Ratio | Cost of Goods Sold / Average Inventory | Measures sales efficiency relative to stock levels |
Slow-Moving Item Percentage | (Unsold items > 90 days) ÷ Total Inventory | Identifies stagnant inventory concentration |
When spreadsheets identify problematic stock, Oopbuy implements spreadsheet-tracked solutions:
The platform uses historical spreadsheet data to:
These analytical disruptions successfully delivered:
Aspect | Improvement | |
---|---|---|
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