Purchase Analysis

Introduction

Purchase analysis is the process of collecting and analyzing data related to the purchasing activities of a business. It involves tracking various metrics and KPIs, such as supplier performance, purchase order value, and inventory levels, to gain insights and make informed decisions. The purpose of purchase analysis is to optimize purchasing processes, reduce costs, and improve overall efficiency in the procurement process. It helps businesses identify areas for improvement and make data-driven decisions to achieve their purchasing goals

• Total Suppliers: The number of unique suppliers that the business has purchased from within a specified time period.

• Total Purchase Orders: The total number of purchase orders that the business has issued within a specified time period.

• Value of Purchase Orders: The total value of all purchase orders issued within a specified time period.

• Invoices Due Amount: The total amount due for all open invoices within a specified time period.

• Returns by Supplier (Value): The total value of products returned to each supplier within a specified time period.

• Purchase Value by Supplier: The total value of purchases made from each supplier within a specified time period.

• Top 5 Suppliers (Purchase Value): The top 5 suppliers ranked by total purchase value within a specified time period.

• Bottom 5 Suppliers (Purchase Value): The bottom 5 suppliers ranked by total purchase value within a specified time period.

• Product By Purchase Value: The products ranked by total purchase value within a specified time period.

• Product Category By Purchase Value: The product categories ranked by total purchase value within a specified time period.

• Product By Purchase Qty: The products ranked by total purchase quantity within a specified time period.

• Product Category By Purchase Qty: The product categories ranked by total purchase quantity within a specified time period.

• Top 10 Purchase By Product Categories: The top 10 purchases ranked by product category within a specified time period.

• Top 10 Purchase By Product Qty: The top 10 purchases ranked by product quantity within a specified time period.