Inventory Aging Report

The report tracks lot-numbered items in NetSuite addressing challenges with manual tracking and enhancing decision-making through accurate aging data.

SKU :PDNSIAR01
Last Update :June 2025
Published :27 Jun 2025
Support for :NetSuite
Implementation time :2 Day

Inventory Aging Report

Implementation time: 2 Day

Overview

Automated Inventory Aging with Real-Time Insights

The Automated Inventory Aging Report enhances inventory management by providing an accurate, real-time view of aging stock in NetSuite. By calculating aging based on Goods Receipt Note (GRN) dates, this solution eliminates manual tracking, supports data-driven decision-making, and ensures easy access to daily reports with dynamic filters and export capabilities.

Features

Comprehensive Inventory Aging Automation

The report delivers accurate, automated aging reports for lot-numbered inventory, supporting better planning and operational efficiency.

Real-Time Aging Calculation

Automatically determines inventory aging based on Item Receipt dates using FIFO logic, updated and exported daily.

Dynamic Filtering & Reporting

Provides filtering options by Brand, Item, Subsidiary, and Location for tailored insights within the report interface. Also provides export functionality for the filtered data.

Lot wise Tracking

The report enables detailed tracking of lot-numbered items, providing full lot-level visibility to support accurate aging calculations and more informed inventory decisions.

Dynamic aging buckets

Aging buckets are fully configurable, allowing businesses to define their own day ranges based on operational needs.

Conditions Apply

Setup & Configuration Requirements

Only available for lot-numbered inventory items.
Unique lot numbers must be maintained for all stock through transactions to ensure accurate traceability.
Aging bucket ranges must be configured using the provided custom record setup based on business needs.
Users require sufficient NetSuite permissions to access reports and export files.

Benefits

Why Choose Inventory Aging Report?

The Inventory Aging Report delivers streamlined tracking of lot-numbered stock, reducing manual work while improving accuracy and operational visibility. It also enables businesses to leverage aging insights for better sales decisions, identifying slow-moving stock, trending items, and demand patterns.

Accuracy

Calculates aging precisely from GRN dates
Ensures traceable, reliable data with automated updates

Efficiency

Eliminates manual tracking with daily automated reports
Real-time filters and export options simplify analysis

Visibility & Stock Optimization

Provides clear age-bucket breakdown for decision-making
Helps identify slow-moving, overstocked, or high-demand items to optimize inventory

Scalability

Easily adapts to growing inventory volumes and operational needs
Comes with an intuitive, user-friendly report interface for easy navigation and filtering

FAQ

Frequently Asked Questions

Is this solution limited to lot-numbered items?

Yes, it focuses exclusively on lot-numbered inventory to ensure accurate, traceable ageing data.

Can I export the aging report?

Absolutely. A scheduled process runs every night to generate the report and stores the latest data to the desired folder in the File Cabinet.

How are aging buckets defined?

You can fully configure aging buckets using a custom record with start and end day ranges, tailored to your business requirements.

Are historical aging calculations considered?

No, the report tracks aging data from the date of solution implementation onward. However, daily aging snapshots are stored from that point, providing complete historical records moving forward.

Can users apply filters before exporting from the real-time report?

Yes, users can apply filters such as Brand, Item, Subsidiary, and Location before exporting the aging report for more focused results.