Forum Discussion
Opening and Closing Inventory Balance - Forecasting
Hi all, new to the forum.
Im having trouble dealing with closing balance of inventory when the forward forecast results in negatives.
I have:
-current starting Inventory
-monthly sales forecast
-monthly incoming inventory
Im using the following
InvMovement:=[PURCHASES]-[SALES]
OPENING INV:=calculate([InvMovement],FILTER(ALL('DATE'[DATE]),'DATE'[DATE]< MAX('DATE'[DATE])))+[CURRINV]
ENDING INV:=calculate([InvMovement],FILTER(ALL('DATE'[DATE]),'DATE'[DATE]<= MAX('DATE'[DATE])))+[CURRINV]
the problem is that there cases where my Sales Team is forecasting above the available inventory for a future period. When we are out of Stock we still want the forecast to remain, even though we cant fill the sale.
The above OPENING INV and ENDING INV calculations work when inventory is always positive, but accumulates the negatives on Out of Stocks and results in incorrect (negative) opening inventory positions.
Id like the ENDING INV results to be 0 if it calculates as negative and ENDING INV of the following period to also be zero.
any suggestions?
Thanks
5 Replies
- Ashish_MathurSuper User
Hi,
Share a simple dataset and show the expected result there.
- gkaropRegular Visitor
Thanks For responding. This is what Im getting:
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec OPENING INV 120 20 120 20 -80 -180 -280 20 -80 -180 -280 -380 FORECAST 100 100 100 100 100 100 100 100 100 100 100 100 PURCHASES 0 200 0 0 0 0 400 0 0 0 0 0 ENDING INV 20 120 20 -80 -180 -280 20 -80 -180 -280 -380 -480 FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE This is the desired result:
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec OPENING INV 120 20 120 20 0 0 0 300 200 100 0 0 FORECAST 100 100 100 100 100 100 100 100 100 100 100 100 PURCHASES 0 200 0 0 0 0 400 0 0 0 0 0 ENDING INV 20 120 20 0 0 0 300 200 100 0 0 0 FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE FUTURE - Ashish_MathurSuper User
Hi,
Share the link from where i can download your PBI file.