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Inventory-Management-using-Power-BI

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31 views

Inventory-Management-using-Power-BI

Uploaded by

kalaseaditya16
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Inventory Management

using Power BI
This presentation provides a comprehensive overview of an inventory
management project utilizing Power BI.

PK by Priyanka Kalase
Introduction
Project Overview Power BI Implementation

This project focuses on optimizing inventory management Power BI is the chosen tool for visualizing and analyzing
processes for a leading organization. inventory data.
Organisation Profiles
Industry Inventory Challenges
The organization operates in The organization faces
the fast-paced consumer challenges in managing
goods industry. inventory levels, minimizing
stockouts and overstocking.

Business Goals
The organization seeks to improve inventory visibility, forecast
demand more accurately, and reduce costs.
Research Methodologies

Data Collection Data Cleaning and Data Analysis


The project involved collecting data Preparation Power BI's data analysis capabilities
from various sources, such as sales Raw data was cleaned and prepared for were utilized to gain insights into
records, purchase orders, and analysis using Power Query. inventory trends and patterns.
warehouse systems.
Conceptual Background
Inventory Management Data-Driven Decision-Making
The project utilizes established inventory management The project emphasizes the importance of data-driven
principles, such as ABC analysis and just-in-time inventory. decision-making in inventory management.

1 2 3

Power BI
Power BI's capabilities for data visualization, reporting,
and interactive dashboards were leveraged.
Data Analysis and Interpretation

15% 10% $50K


Improved Visibility Reduced Stockouts Cost Savings
The project resulted in a 15% Stockouts were reduced by 10% through The project generated $50,000 in cost
improvement in inventory visibility more accurate demand forecasting. savings through optimized inventory
through interactive dashboards. levels.
Findings, Suggestions, Learning, Contribution
to Host Organisation and Conclusion

Key Findings
The project identified key areas for improvement in inventory management,
1 including demand forecasting and supplier relationships.

Recommendations
2 The project recommends implementing a data-driven inventory
management system and adopting best practices.

Contribution
The project has contributed to the organization's inventory
3
management goals by providing insights and actionable
recommendations.
Bibliography
Please contact the author for more details regarding references.

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