What does "Aging Inventory Analysis" help identify in Infor M3?

Aging Inventory Analysis is a critical tool within Infor M3 that helps businesses identify stock that is slow-moving or not selling effectively. This analysis categorizes inventory based on how long items have been in stock, providing visibility into which products are becoming obsolete or are taking up valuable warehouse space without generating revenue. By focusing on slow-moving items, organizations can make informed decisions about their inventory management, such as implementing discounts, modifications in marketing strategies, or considering discontinuation of products.

This process is essential for optimizing inventory levels and minimizing carrying costs. Understanding which items are aging allows businesses to prioritize their efforts in terms of promotions, sales strategies, or adjustments in purchasing patterns. The insights gained from this analysis can lead to significant improvements in overall inventory turnover and operational efficiency.