K3S Reports are helpful for finding information that can improve your buying knowledge and help you become more familiar with your vendors and products. The real power users of our system use these on a regular basis. These reports are taught extensively in training and the Wednesday Workshop. If you are looking for reports that will help you better manage your inventory, this is the place to start.
After running any report, you will receive a CSV and PDF file to your email inbox.
You can find the reports by hovering over the printer icon in K3S-Replenish® as shown below.
Below is a list of links to the different reports you can generate in K3S.
Obsolete Products: The report lists products that have not had sales for a specific number of periods. You can control how many historical periods to include.
Overstock Analysis: The report lists products that have excess inventory.
Forecasting Accuracy: The report is designed to show the user how close the product’s forecast was to the actual demand.
Ranking Reports: The Ranking Reports option takes the user to a menu where they can run 23 different ranking reports by sales, units, and more.
Inventory Performance Reports: The report compares the Actual inventory performance to the Theoretical (forecast) inventory performance.
Order Cycle Analysis: The report will print the analysis of a supplier’s annual net costs to determine the most economical Order Cycle. Replenish balances the costs of placing purchase orders versus the costs of carrying inventory, taking into account the supplier’s brackets.
Deal Markup Report: The report provides a list of current deals. It can be used to develop a markup %.
Purchase Adjustments: The report provides meaningful information about the percentage of adjustments made by the buyer to the system generated suggested orders. Progress is shown by year/month, and can help to identify possible problem areas like ‘suppliers not set up properly’ or ‘buyer needs additional training.’
User PE Performance: The report gives an overview of Period End Exception activity. You can quickly view when each user completed PE Checks. This is displayed as a number and as a percentage.
Turns: Turns are a measurement expressing how many times per year your company can use your inventory. The number of turns is one of many factors that can indicate a company’s level of success. However, considering just a company’s number of turns does not give an accurate picture; you must also take into account service level and degree of profitability.
Suppliers Lost Opportunities: This report analyzes the purchases made through Alternate Source Suppliers, and displays by regular supplier what the Lost Opportunities were.