Inventory Overview

Created by Greg Airel, Modified on Thu, 14 Dec 2023 at 09:11 AM by Greg Airel

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.

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