Overview
Aging is the determined period of time that starts once a product is received in an inventory. For pricing, this is of utmost importance due to the fact that as products age, the lower price they will have. Komet allows keeping track of it from several screens.
How the Aging is Calculate?
Once an arrival date is assigned to an in-transit product, their aging will start running.
Current Date - Arrival Date
For instance, if the current date is January 28th but the arrival date was previously set for January 25th (a date in the past), the age of that specific product would be three (3).
On the other hand, if the current date is February 1st and the arrival date of a given product was set for February 5th (a date in the future), the age of that specific product would be minus four (- 4).
Color Indicators
The system colors the product lines, based on their aging. This is visible from the Inventory Summary>>Inventory in boxes screen and from the Inventory Summary>>Inventory in boxes screen (when the arrival date and aging for units setting is enabled).
| Aging Value | Meaning | Color Indicator |
|---|---|---|
| 0 | The product arrived today. The arrival date of the product is equal to today's date | No color |
| <0 | The product has not arrived yet. As a result, products will have negative aging. | No color |
| >0<5 | The product has an aging value between 1 and 4 days. | Yellow |
| >4<10 | The product has an aging value between 5 and 9 days. | Green |
| >10 | The product has an aging value of 10 days - 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 location (even if they are associated with 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
The system does allow to visualize the arrival date for the hard goods inventory. For units, this information is hidden by default, however, admin users can enabled a setting named Show arrival date and aging that will allow users to see the arrival date and aging information from the units inventory.
Maximum Aging for Inventory Products
By default, the maximum aging of the products displayed in the inventory screen is 180. Therefore, products with greater aging will be hidden. This value can be changed from the product 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 the 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 is 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 maximum age to display products in E-commerce, is 30. However, companies can set up a different maximum age restriction per product, category, customer, or even per company. For further information about this, please read How to Set Up the Max Age for the E-commerce Products.