Online Shop Inventory Explained: Available, Committed and Incoming Stock

The six points in the video

This is a silent video. The headings, explanations and labels below reproduce the information on screen.

1. 1

   Step 1: Identify the stock item

   0:18

   Check the correct product, variant and storage location.

   On-screen labels: Specific product; Correct variant; Relevant location.

2. 2

   Step 2: Read the available quantity

   0:30

   The quantity ready for sale can differ from the physical total.

   On-screen labels: Available stock; Sellable quantity; Current record.

3. 3

   Step 3: Review committed stock

   0:42

   Some items may already be allocated to existing orders.

   On-screen labels: Existing order; Allocated quantity; Reduced availability.

4. 4

   Step 4: Account for unavailable items

   0:54

   Damaged or set-aside items may remain on hand without being sellable.

   On-screen labels: Damaged item; Reserved stock; Accurate status.

5. 5

   Step 5: Distinguish incoming stock

   1:06

   Stock on its way is different from stock already available to supply.

   On-screen labels: Expected stock; Arrival status; Received quantity.

6. 6

   Step 6: Review adjustments and orders

   1:18

   Check how receipts, sales and corrections change the record.

   On-screen labels: Stock receipt; Order effect; Recorded adjustment.

See it in a diagram

Read the diagram as text

1. On hand: Stock held at the location
2. Available: Stock ready to sell
3. Committed: Stock allocated to orders

Review the other stock states too. Unavailable and incoming quantities need the appropriate treatment in the store.

The distinctions are conceptual; use the current definitions of your actual stock platform.

Diagram by Jersey Web. Open full size · Source and further detail (opens in a new tab)

Common questions

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