Less Stock Notifications
📉 Less Stock Notifications Report
The Less Stock Notifications Report provides a real-time overview of products and materials that have fallen below their predefined minimum stock (reorder) levels. This report helps ensure timely replenishment of inventory, preventing stockouts that can disrupt sales, production, or service delivery.
🎯 Purpose of the Report
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To alert storekeepers, purchase managers, and business owners about low-stock items.
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To trigger timely reorders before items run out.
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To help maintain optimal inventory levels and avoid overstocking.
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To assist in purchase planning and supplier coordination.
📌 Key Data Fields
| Field | Description |
|---|---|
| Item Code | Unique identifier for the product. |
| Item Name / Description | Name and details of the item. |
| Category | Product category (e.g., Raw Material, Finished Goods). |
| Warehouse / Location | Where the stock is stored. |
| Current Stock | Quantity available in the system. |
| Reorder Level | Predefined minimum quantity threshold. |
| Stock Deficit | Difference between current stock and reorder level. |
| UOM | Unit of Measure (e.g., pcs, kg, liters). |
| Last Purchase Date | When the item was last procured. |
| Supplier Name | Preferred vendor for replenishment. |
| Lead Time (Days) | Estimated supplier delivery time. |
🔍 Filter & Search Options
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Filter by Warehouse / Branch.
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Filter by Item Category.
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Filter by Supplier.
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Filter by Lead Time (urgent vs. non-urgent).
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Date range for last purchase or last sale.
📊 Insights Provided
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Identifies critical stock shortages.
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Helps in prioritizing purchase orders for urgent items.
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Detects fast-moving products that may need higher reorder levels.
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Supports multi-warehouse inventory management.
📤 Export & Notifications
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Exportable to Excel, CSV, or PDF.
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Integrated with ERP alert notifications (e.g., email, SMS, push alerts).
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Can be set to auto-generate daily, weekly, or on-demand.
✅ Benefits
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Prevents stockouts that can cause sales or production delays.
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Improves supplier coordination with timely purchase requests.
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Optimizes inventory holding costs by avoiding excess stock.
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Increases customer satisfaction through uninterrupted supply.
📈 Example Layout
| Item Code | Item Name | Warehouse | Current Stock | Reorder Level | Stock Deficit | UOM | Supplier | Lead Time (Days) | Last Purchase Date |
|---|---|---|---|---|---|---|---|---|---|
| ITM-1052 | Steel Rod 8mm | Main Store | 12 | 50 | -38 | pcs | Steel Corp | 7 | 2025-07-02 |
| ITM-2018 | Gear Assembly | Branch A | 5 | 20 | -15 | pcs | Gearworks Ltd. | 14 | 2025-06-28 |
| ITM-3001 | Engine Oil 1L | Warehouse 2 | 8 | 25 | -17 | ltr | Lubricants Inc | 5 | 2025-07-10 |