Data Analytics

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You have been asked to analyze the report below.  The company policy is that no single inventory product should have more than 300,000 items in stock.  The company has a total of 4,175 different products in inventory based on following set of data Week 2 Inventory-Database.xlsx .  The report was generate to show those products that had more than 300,000 items in stock.  Discuss your observations about this data keeping in mind what this data tells you about possible trends, future predictions, bias, and/or materiality of the exceptions to the policy found.  What other tests would you have run on the data and what improvements do you feel may be needed to the system, policy, internal controls, etc.   Be sure to provide detail and examples. 


  • 7 years ago
  • 10
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