Stock Aging (inventory aging) as the term indicates, is the age of an SKU or a product. Stock Aging has a reverse effect on ROI. If Stock Aging increases, then it holds the company’s cash flow, defiantly it will reduce the company’s return on investment. Cash flow is necessary to maintain fund rotation
ERPNext notifies industry item which has cross-defined age. Our scheme management solutions help businesses become successful as lower prices for a limited period to attract more Customers. Scheme management is a limited time offer of discounts on specific item.
ERPNext provides website and customer portal. Once the industry launches its scheme it will visible online also. We can also notify all existing customers and visitors, by mail or SMS about the new scheme or discount . It helps the item to stockout before reaching max-age and makes cash flow effectively