This report calculates the optimum stock holding for a number of criteria and tells you whether you are under or over stocked.
From Stock Manager:
1. Click the Reports menu, click Stock Reports and select 5. Optimum Stock Report.
The Optimum Stock Holding Report window is displayed.
a. Click the Sorted by drop-down and select the required category. You can choose from:
- Product (default)
- Price Policy
b. Enter the required From and To range. The entire database is selected by default.
c. Enter the required Order Period. This is the number of days worth of stock you would like to have in your pharmacy.
d. Enter the required Z Factor %. This defaults to 10 and can be altered if required (0.00 to 99.99). It is a statistical formula that is based on standard deviation and the normal distribution curve.
2. Click Okay to run the report.
The Optimum Stock Report is displayed.
Note A negative in the Over/Under qty column indicates that you are currently under stocked, we recommend generating an order. Refer to Generate Orders Overview for more information.