Inventory

Tutorials on how to maintain your inventory levels, add new products and manage stock.

Getting Started

The inventory feature is essential for managing your product stock levels. It helps you track what you have on hand, identify items that are out of stock or running low, and set restock levels to ensure you never run out of critical items. Here’s how it works for different product statuses:

In Stock:

"In Stock" items are currently available for sale. The system updates the quantity of each product whenever a sale is made or new stock is added. This ensures you have a clear view of available items, preventing overselling and ensuring smooth operations.

Out of Stock:

"Out of Stock" items are those currently unavailable for sale. The system marks items as out of stock when their quantity reaches zero. This helps you quickly identify products that need reordering, preventing customer dissatisfaction and potential sales loss.

Low in Stock:

"Low in Stock" items are running low and may soon be out of stock. The system alerts you when the quantity of an item falls below a set threshold. This allows proactive inventory management, so you can reorder products before they run out and meet customer demand without interruption.

Restock Level:

The "Restock Level" is the predefined quantity at which new stock should be ordered. You can set restock levels for each product based on sales velocity, lead time, and supplier reliability. This maintains optimal inventory levels, reduces the risk of stockouts and excess inventory, and aids in planning and budgeting for inventory purchases.

How It Works:

• Tracking Inventory: The system automatically updates inventory levels when sales are made or stock is received. This real-time tracking helps maintain accurate inventory records.

• Alerts and Notifications: The system can send alerts for low stock and out-of-stock items, prompting you to reorder in a timely manner.

• Inventory Reports: Regular reports provide insights into inventory status, helping you make informed decisions about purchasing and inventory management.

By leveraging the inventory feature, you can always have the right products available for your customers, reduce the risk of stockouts, and maintain efficient inventory management processes.

Tutorials

💡How to Add a Product💡How to Edit a Product💡How to Filter Products💡How to Delete a Product💡How to Record Damaged or Lost Products💡How to Import Products