Inventory Management
Maintain Control Over Your Stock Levels
Inventory management is crucial for tracking product availability, ensuring you can meet customer demand without overstocking.
Accessing Inventory
To manage your inventory:
Log into your dashboard.
Navigate to 'Inventory' on the sidebar menu.
Click on 'Inventory Manage'.
Understanding the Inventory List
Bulk Action: Perform actions for multiple items, such as updating stock levels.
ID: A unique number identifying each product.
Name: The product name.
SKU: Stock Keeping Unit, a unique code for identifying each item.
Stock: The quantity of the product currently available.
Sold: The number of units sold.
Action: Functions you can perform, such as editing inventory details.
Managing Stock Levels
Use the 'Edit' button to adjust the stock levels as new shipments arrive or when you perform a stocktake.
Update the SKU if necessary, which is especially important if you use barcode scanning systems.
Inventory Settings
In the 'Inventory Settings' section, configure how your inventory is managed. Options may include automatic stock level adjustments upon sales or alerts when stock is low.
Ensure inventory levels are accurate to prevent overselling or stockouts.
Best Practices for Inventory Management
Regularly review inventory levels to ensure accuracy.
Consider implementing inventory management software if not already in use for real-time updates.
Conduct regular audits of your physical stock to reconcile with your eStore records.
Effective inventory management helps maintain the right balance of stock, ensuring you can meet customer demand while minimizing holding costs.
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