Inventory

Introduction

The inventory management view offers two features:

  • The tab "Stock Overview" allows users to search for stock and availability of specific products on network level.

  • The tab "Channel Inventory" is only visible, if the channel inventory functionality has been activated. Please contact us if you would like to use this feature.

The stock overview page makes it possible to easily identify the current network stock: The availability of a specific product across locations and facilities can be clarified.

More details can be found under Products – Inventory Management.

Stock Overview

General

On opening the page, a product can be selected via auto-complete in search:

Once the product is selected, all relevant information about the product can be found in this view. On top of the page, basic information specified in the listing is displayed. This includes title, attributes, and tenantArticleId. Below, information on stock availability is provided.

Stock availability

The cards provide information on stock availability of the selected product on network level (including all stores, warehouses, etc.). The table below shows all facilities along with their respective stock availability.

The following information is displayed on the page:

  • Expected: Shows amount of expected stock, i.e., that is expected to arrive based on deliveries of goods, production, transfers from other facilities. By clicking on the number of expected stock per facility, an overview of all expected deliveries including quantities and dates is shown.

  • On hand: amount of total stock that is physically present in a facility

  • Available on stock (AOS): amount of stock that is available to be sold

  • Available for Picking (AFP): amount of stock that is available to be sold and is also placed on a pickable location. For more information please refer to Inventory Traits.

  • Not available: Sum of stocks that is not available to be sold. By clicking on the the number per facility, reasons for the non-availability of the stocks can be redeemed. Reasons include:

    • Reserved: amount of stock that is reserved based on orders received

    • Safety Stock: Shows amount of stock that is reserved for offline sales in stores. Safety stock can be configured on facility level by clicking on the three-dot menu on the right. For more information, please refer to Safety Stock.

    • Blocked: amount of stock that is stored on locked locations. Locations might be locked due to, e.g., water damage, infestion, or similar. For more information please refer to Inventory Traits.

Future Stock Movements

The future stock movements graph and table are accessible via the tab navigation at the top of the page. The graph shows the development of stock that is available for picking in the future. The table on the right provides more details into the events that triggered the respective change in stock levels. Stock levels can change due to:

  • Delivery of goods: A purchase order was created meaning stock is expected to be delivered for the respective product

  • Stock expires: Stocks have exceeded the date by which they are to be sold (availableUntil date)

FAQs

What is "AOS"?

"AOS" is short for "Available on Stock" and refers to the amount of stock that is available to be sold. In detail, this covers all stock that is ACCESSIBLE and PICKABLE and has not yet reached its availableUntil date, reduced by reservations, blocked stock and safety stock.

What is "AFP"?

"AFP" is short for "Available for Picking" and refers to the amount of stock that is available to be sold and is also placed on a pickable location. In detail, this covers alls stock that is ACCESSIBLE and PICKABLE has not yet reached its availableUntil date.

What is "expected" stock?

Expected stock is stock which is expected to arrive or to be produced. It can be communicated via the inbound process. Expected stock is visible in the stock overview in the Backoffice. Once a purchase order was created, its expected stock can be considered in the shop availability.

What is stock "on hand"?

Stock on hand represents the amount of total stock that is physically present in a facility.

How is the "Reservations" value calculated?

The "Reserved" value shows the number of reservations accepted for the item in the facility. This means reservations for all orders that were assigned to the facility for fulfillment are shown, including reservations on expected stock that has not arrived in the facility yet.

What does "not available" mean?

The "not available" stock includes stock that is blocked or that is held back for offline sales as safety stock. By clicking on the value, a modal is opened offering more details.

What does "blocked" mean?

Blocked refers to the amount of stock that is stored on locked locations. Locations might be locked due to, e.g., water damage, infestion, or similar. In detail, locked means that a location or stock does not have the ACCESSIBLE trait.

What is safety stock and how do I edit it?

Safety stock works as a buffer, ensuring that online sales do not cannibalize offline sales. If the safety stock is reached within a facility, the facility is not considered for routing any more so that no online orders are accepted to be fulfilled from it.

Safety stock can be configured on facility level by clicking on the three-dot menu on the right. Users can configure a different safety stock quantity for each listing.

Channel Inventory

Channel inventory is currently not fully operational as it is not considered in reservations and routing.

Channel inventory allows reserving inventory for specific sales channels or other purposes. The channel inventory view gives an overview of all configured allocations and allows users to assign products and stock to channels.

Channel allocations assign stock for products to specific channels. Follow the below steps if you want to assign stock to channels. As of now, channels can only be created via REST API with the channel availability endpoints.

More information can be found under Products – Channel Inventory

Create channel allocations

  1. Go to the "Channel Inventory" tab in the Inventory Management view.

  2. Click on the "+" icon on the right to create a new channel allocation.

  3. Select the (sales) channel and the product that you want to allocate to the channel.

  4. Define a validity period if the stocks should only be reserved for the channel for a specific time span. This is optional.

  5. Choose the facilities in which you want to reserve stock for the channel.

  6. Define the quantity of items that you want to reserve in the respective facilities. Only as much stock can be assigned to a channel as is currently available.

  7. Save the new channel allocation. If you have not defined a validity period, the channel allocations becomes instantly active.

Edit channel allocations

After an allocation has been created, it can be managed via the overview in the "Channel Inventory" tab. By clicking on the three-dot menu, users can (de-)activate, edit, and delete channel allocations.

Allocation types

Depending on the priority of the distribution path, different strategies for stock reduction can be defined for each channel. As of now, allocation types can only be edited via REST API with the channel availability endpoints. The following types are currently available:

  • RESTRICT (Only stock that has been explicitly allocated to this channel is available for sales via this channel. As soon as the allocated stock is used up, no stock is available any more for this channel).

  • REGULAR (If an order is accepted via this channel, the allocated stock is first used up. Afterwards, stock that is has not been allocated to any channel is used.)

  • IRON_RESERVE (If an order is accepted via this channel, stock that is not assigned to any channel is used. Only after all other stock is used, the stock explicitly reserved for the channel is taken.)

FAQs

What is a channel?

Availability channels in our platform are designed to represent sales channels or other topics inventory should be grouped by. Go here for more detailed information.

What is a channel allocation?

Channel allocations link channels to specific products and assign a predetermined quantity of stock to a channel. Go here for more detailed information.

What are allocation types?

Depending on the priority of the distribution path, different strategies for stock reduction can be defined for each channel. These are mapped by the allocation types. Go here for more detailed information.

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