How to Manage Product Inventory

Accurate inventory management ensures that you can fulfill customer orders promptly, avoid overselling, and make informed decisions about restocking. From tracking stock levels to receiving notifications for low inventory, Sllr provides the tools you need to streamline your inventory management process.

TABLE OF CONTENTS

• Step 1: Set Inventory Levels
• Step 2: Manage Product Variations and Attributes
• Step 3: Track Stock Levels and Low Inventory Notifications
• Step 4: Perform Regular Inventory Audits

Step 1: Set Inventory Levels

• Navigate to the "Products" section in your admin dashboard.
• Click the "Add Product" button to enter product details such as name, description, SKU (Stock Keeping Unit), price, and initial quantity.
• Save the product information once you've entered all relevant details.

Step 2: Manage Product Variations and Attributes

• If your store offers products with variations such as different sizes or colors, specify the available variations while adding or editing a product and assign unique SKUs, prices, and quantities to each variation.

Step 3: Track Stock Levels and Low Inventory Notifications

Sllr offers real-time tracking of stock levels in the "Products" section.

• Hoover on the availability section to view the current quantity available for each product either On Shelf or In Progress for the confirmed sales orders that haven't been delivered yet. 

• Track products with low stock from the "Low Stock" section for quicker decision to restocking.

Note: Products with less than x number of items will appear in the Low Stock section. You can specify this number from the Stock Management in the store settings.

Step 4: Perform Regular Inventory Audits

• Conduct periodic inventory audits to ensure accuracy and compare it with the current recorded quantities.

By effectively managing your product inventory on your Sllr online store, you can ensure efficient order fulfillment, prevent stockouts, and provide a seamless shopping experience for your customers.