CartGenie Enterprise Edition includes inventory management features that give you greater control and visibility of your inventory. (Keep in mind, these inventory control features are only available in the Enterprise edition of CartGenie).
In this week’s Tip of the Week, we’re going to take a look at managing inventory with CartGenie including creating store locations, adding quantity on hand, updating inventory when you process an order, and running inventory reports.
Before we enter the quantity on hand of a product at a particular location, we’ll need to add all our locations. Click the company menu then “Location Manager” and enter the location information.
Note: List sequence is the order in which you want the locations to appear. Now we’re ready to add inventory for each item.
In CartGenie Desktop Engine, find the product for which you want to add inventory. At the bottom of the Product Manager, click “Inventory Manager”
In the Inventory Manager, click in the “Location” field and select the location from the drop down menu. Next, click the “Item” field and select the appropriate item number. The “Reorder Point” is the point at which you want the Inventory Reorder Report to notify you that it’s time to reorder this item. Finally, Q.O.H. is simply an abbreviation for “quantity on hand.”
So let’s say we have 150 small bike helmets on hand for the online store, 200 mediums, and 200 larges available in the online store. We’ll also say that we want to be notified to reorder more when our inventory hits 10. We enter this information on separate lines, followed by the same process for each location, and click “Add/Update” to save changes.
Let’s look at updating your inventory when you process an order. Open up the Order Manager and open up a pending order.
This order is for two M1 helmets, a small and a medium. We process the order as we normally would, then click the “Update Inventory” button.
Select the location from where the inventory was sold and click “Add/Update.”
There are also two inventory reports that allow you to view inventory information, which you can access under the Reports Menu:
The “Inventory by Location” Report will show you what you have in inventory at each location. The “Inventory Reorder” Report shows you which items you need to reorder. Basically it’s a list of items that have fallen below the “Reorder Point” threshold you defined earlier.
Using these inventory management features available in the Enterprise edition of CartGenie, you can have greater visibility over your inventory and more control over your business. Are you using CartGenie to manage your inventory? What do you like or dislike about it? Let us know in the comments!