Handling On-hand inventory
While EDI 852 is set up to report on-hand inventory quantities, many vendors come to realize the quality of the data reported can be suspect at best. In this case there are strategies to handle the missing or poor quality data. One such strategy is to use the shipping quantity and then subtract reported EDI 852 product sales to arrive at a 'calculated on-hand.' This method has some limitations, but over time this can become an effective decision making tool. Our Accelerated Analytics service provides the vendor with a simple and effective means to accomplish this data matching. By incorporating purchase order and shipping data, we are able to synthesize the on-hand value.
Don't allow the on-hand to become a barrier to using the EDI 852 data. Reporting and tracking sales alone is valuable, and the on-hand issues can be dealt with by using simple business rules.
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