Inventory in Primaseller refers to the stock or quantity of your SKUs that is available in your facilities (stores, warehouses, etc.). In addition to the details about the quantity volumes, Primaseller also stores information such as purchase date, supplier details, and cost of purchase.
You can also enable Primaseller to hold the batch numbers and expiration dates of the SKUs as well.
Main Menu -> Inventory -> Stock levels
Facilities are the physical locations that hold the inventory. Facilities are a part of the business unit.
There are two types of facilities that can be configured in Primaseller:
Standard Locations: These are facilities that do not have any further mapped sub-locations. All inventory stored here is considered as a whole.
Warehouses: These are facilities that have sub-locations of where the inventory is stored - called bins. Bins are a part of a hierarchy consisting of floors, aisles, and racks.
When you navigate to Inventory -> Stock Levels, you will be asked to select a facility. Once the facility is selected, you will see the SKUs and the corresponding inventory indicators -
On Hand: The total inventory present at the facility. This includes the inventory allocated to orders and the inventory available for sale.
Available: The total inventory available for sale.
Allocated: The total inventory allocated to orders which have not yet been shipped.
Inbound PO+Inbound TO: Sum of the inbound purchase orders and inbound transfer orders. This is the total inventory for which purchase orders have been raised + The total inventory for which transfer orders have been raised. The inventory has not yet been received for both these order types.
Outbound TO: The total inventory for which transfer orders have been raised by other facilities but the inventory has not been shipped out yet.
Backorders + Transfer: This is the sum of Backorders and Transfer orders i.e. the additional inventory needed to fulfill orders that have been accepted.
Damaged: Total Inventory which has been marked as damaged and cannot be allocated to orders.
Inventory tracking in Primaseller allows you to keep a track of the stock levels of your SKUs and get 'low stock' notifications when the inventory drops below a preset threshold.