Analyze
Expiry risk analysis helps identify inventory that may expire before it's sold or used, enabling proactive management to minimize waste and losses.
Start here:
Daily workflow:
Start here:
Daily workflow:
Start here:
Daily workflow:
Start here:
Daily workflow:
Expiry date tracking enables:
Inventory can be categorized by expiry risk:
FEFO prioritizes items expiring first:
Analyze expiry risk by:
Review active expiry alerts:
Take action on expiring items:
FEFO (First Expiry, First Out):
Markdowns:
Transfers:
Disposition:
Total value of inventory at expiry risk:
1Expiry Risk Value = Σ(Quantity at Risk × Unit Cost)Use cases:
Percentage of inventory that expires:
1Expiry Rate = (Expired Quantity / Total Quantity) × 100Use cases:
Distribution of inventory by days until expiry:
Use cases:
When picking items:
When shipping items:
In healthcare settings:
Problem: Not tracking expiry dates makes expiry risk management impossible.
Solution: Enable expiry date tracking:
How to avoid: Make expiry tracking part of product setup.
Problem: Not using FEFO leads to items expiring before use.
Solution: Implement FEFO:
How to avoid: Make FEFO part of operational processes.
Problem: Not reviewing expiry risk regularly leads to surprises.
Solution: Review expiry risk regularly:
How to avoid: Make expiry risk review part of daily workflow.
Problem: Identifying expiring items but not taking action.
Solution: Take action on expiring items:
How to avoid: Make action part of expiry risk management.
Symptoms: Expiry risk dashboard not showing data or showing incorrect data.
Possible causes:
Steps to resolve:
Symptoms: FEFO not prioritizing items with earliest expiry.
Possible causes:
Steps to resolve:
Symptoms: Items approaching expiry but alerts not triggering.
Possible causes:
Steps to resolve:
Symptoms: Unable to take action (FEFO, markdown, transfer) on expiring items.
Possible causes:
Steps to resolve:
Viewing expiry risk requires standard user permissions. Taking action on expiring items may require inventory management permissions. Expiry tracking must be enabled for your products. Contact your organization administrator for details.