Overview
The aging is the period of time in days from the moment a product is received in the inventory. This is very important for pricing since the older the product is, the lower the price will be. Komet allows keeping track of this from several screens.
How the Aging is Calculate?
Once an arrival date is assigned to an in-transit product, their aging will start running.
For example, if the current date is January 28th and the arrival date of the product was set for January 25th, the aging will be 3.
If the current date is February 1st and the arrival date is set for February 5th (a date in the future), the aging will be -4.
Color Indicators
The system colors for product lines based on their aging. This is visible from the Inventory Summary>>inventory in boxes screen.
| Aging Value | Meaning | Color Indicator |
|---|---|---|
| 0 | The product has arrived today. The arrival date of the product is equal to today's date | No color |
| <0 | The product has not arrived yet. In this case, products will have negative aging. | No color |
| >0<5 | The product has aging from 1 to 4 days | Yellow |
| >4<10 | The product has aging from 5 to 9 days | Green |
| >10 | The Product has aging from 10 onwards. | Red |
How to set the arrival date
- The arrival date can be set from the Staging Area. For more information read Setting the Arrival Date in the Staging Area.
- In multilocation companies, the system allows setting a different arrival date per each location, even if they are associated to the same AWB.
- Remember authorized users can also set the arrival date from the AWB Summary. For more information please read the section Establishing and Changing Arrival Date per Location in Tracking AWBs.
- To set the arrival date of hard goods, go to Inventory>>Inventory Summary>>Hard goods inventory. Click on Receive Purchase Order (or click on edit for a given product line). You will be able to set the arrival date of the Purchase Order where the hard good belongs.
Aging for Inventory in Units and Hard Goods
Currently, the system does not allow to keep track of the aging for the inventory in units. For hard goods inventory, the system allows to visualize the arrival date.
Maximum Aging for Inventory Products
By default, the maximum aging of the products displayed in the inventory screen is 180. Products with greater aging will be hidden. This value can be changed from the products setup screen. For further information about this option, read How to Set Up a Max Age for Inventory Products.
Aging from sales screens
The aging is not always visible for salespeople, this could be hidden through the Inventory Options>>Hide Sensitive Data. Additional to this, there is a setting per user that allows restricting the visualization of the aging from sales screens. The setting is named Hide Sensitive Data on Sales Screens.
Automatic Sell Fast Option
There is a setting that allows to mark items with a lightning bolt icon so the sales team will be aware that those items need to be sold as soon as possible. For further information about this, please read Enabling the Automatic Sell Fast Option.
Max Age for E-commerce Products
By default, the max. age to display products in the e-commerce is 30, however, companies can set up a max-age restriction per product, category, customer or per company. For further information about this, please read How to Set Up the Max Age for the E-commerce Products.