Inventory Overview

Loom Synopsis

1. Access inventory products and turn on key columns: available, allocated, reserved, inbound, and back order.
2. Definitions: "on hand" (total in warehouse), "allocated" (sold but not shipped), "available" (for sale, calculated by subtracting allocated).
3. Example scenario: 40 units on hand, but zero available due to prior sales.
4. Additional columns: "reserved" (unsellable stock) and "inbound" (coming to the warehouse via purchase order).
5. Reserved adds to on hand but isn't for sale; inbound represents incoming stock.
6. Overview concludes with a mention of an upcoming video on the inventory change log, tracking inventory changes over time.