Forum Discussion
Projecting Inventory to Expire based on forecast
Hi everyone!
Posting this question for my inventory tracking project.
Summary: I would like to build a tracker/dashboard to track my inventory expiration risks based on forecasted usage.
Inputs:
1. I have one table for forecasted usage on a weekly basis for all SKUs. Similar to the table below.
2. On a separate table, I have an inventory balance of all of these SKUs, with different batch codes and different expiration dates similar to the table below.
That being said, my desired outputs are:
1. Flag expired items automatically (can be easily done).
2. Be flagged if there is an expiration risk meaning, total usage over X weeks will not be enough to deplete the remaining inventory by its expiration date. Need to keep in mind that First to Expire, First to consume. I need to deplete first those to expire first before consuming the next batch.
3. Quantify the risk: How much will not be consumed/will expire based on forecast usage. Keeping in min the First to Expire, First to Consume concept.
Sample output table:
Hope I made the problem clear.
I'm really stuck at this project and don't know where to start so I would very much appreciate any help.
Thank you!!!
12 Replies
- Greg_DecklerCommunity Champion
First, Please see this post regarding How to Get Your Question Answered Quickly: https://community.powerbi.com/t5/Community-Blog/How-to-Get-Your-Question-Answered-Quickly/ba-p/38490
Second, I think you are looking for something along the lines of Days of Supply:
https://community.powerbi.com/t5/Quick-Measures-Gallery/Days-of-Supply/m-p/635656#M318
- AnonymousNot applicable
Hi Greg_Deckler ,
I'm valuating the opposite which is excess supply.
I'm stuck with the problem considering that:
1. Different batches and different expiration dates per material,
2. I need to factor in First to Expire, First to Use concept.
A straightforward calculation of Total Usage - Inventory will not work for the project. 😞
- v-kelly-msftCommunity Support
Hi Anonymous ,
Could you show us your .pbix file or sample data if there's nothing confidential?You can upload it to onedrive and share us with the link.
Best Regards,
KellyDid I answer your question? Mark my post as a solution!
- AnonymousNot applicable
hi, I have EXACTELY the same issue. I was wandering if u found a soultion to your project? thx!!
- Sdhn420Helper IV
Anonymous did you get a solution for this? I am also stuck with the same issue.
- Sdhn420Helper IV
Hi all, any luck with this solution?
- AnonymousNot applicable
dear Sdhn420 i have still no resolution on this topic 😞 unfortunately
- solid_shnakeNew Member
I have an identical problem, has anyone been able to resolve?