Skip to main content

Item History Price & Cost

The Item History Price & Cost Dashboard provides insights into inventory pricing trends, cost variations, and extended pricing analysis. This dashboard helps businesses track historical price changes, compare standard vs. actual costs, and optimize inventory valuation.

Key Metrics at a Glance:​

  • Extended Price: The total revenue from inventory items based on price and quantity sold.
  • Extended Cost: The total cost incurred for inventory items.
  • Standard Unit Cost: The predefined cost per unit of an inventory item.
  • Standard Unit Price: The predefined selling price per unit.

Visual Components:​

  • Ext & Std By Year: A line chart comparing extended price, extended cost, standard unit cost, and standard unit price over time.
  • Ext Price Cost By Year: A bar chart visualizing yearly extended pricing and costs.
  • Top 10 Extend Cost By Item: A radar chart highlighting items with the highest extended costs.
  • Top 10 Std & Normal Costs By Item Radar: A radar chart comparing unit cost, standard unit cost, standard unit price, and actual unit price.
  • Detailed Item Price & Cost Table:
    • Item Groups
    • Unit Cost
    • Unit Price
    • Extended Cost
    • Extended Price
    • Standard Cost & Price Comparisons

Benefits of this Dashboard:​

  • Cost & Price Trend Analysis: Tracks historical fluctuations in inventory pricing and costs.
  • Profitability Insights: Helps businesses compare standard pricing against actual performance.
  • Inventory Valuation Optimization: Ensures pricing strategies align with costs to maintain profit margins.
  • Data-Driven Decision-Making: Supports better procurement and pricing strategies based on historical data.
  • Standard vs. Actual Cost Monitoring: Identifies discrepancies between expected and actual inventory costs.

Filtering​

You can filter the dashboards using these filtering panels:

  • Inventory Item