Product Wastage Report
The Product Wastage Report is used to track the amount of product that is wasted or discarded over a specific period of time.
The report typically consists of the following columns:
Warehouse: The warehouse where the product is present
Storage Location: The specific storage location within the warehouse where the product is stored
SKU: The stock-keeping unit of the product
Product: Name of the product
Wastage Type: Indicates the type of wastage
Wastage Quantity: Total quantity of product wasted
Cost: Total amount of the product that has been wasted
The report can be filtered based on the warehouse, enabling businesses to identify patterns and trends in wastage and address underlying causes such as poor storage, handling, or quality control. This can lead to waste reduction, improved efficiency, and increased profitability for the business.
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