Add or Edit Stock Items

Inventory Item Fields

Inventory Item Fields Explained

General

Status

Will reflect your stock availability in PrestaShop such as Supplier no stock, End of Life, In Store, etc.

Barcode

Items can have more than one barcode.

Click on the next to the barcode if you want to add additional barcodes. Maximum 25 characters. See also: Adding Different Units on how to add different units.

Item Name

Maximum characters 255.

The 'Item Name' corresponds to the Prestashop Name.

You can do a  column copy between the item name, short description and long description. To do it go to the 'Stock Extended Lookup' and select the 'Change Selected 2' tab.

Short Description

Maximum characters 500.

Short Description corresponds to the Prestashop Short description

Ordering Info

Reorder Level

When the stock item reaches this level, you must reorder it. Set in the Stock Main Form. You have several options for managing the reorder level:

1. Average Sales Values: Set the reorder level to the average sales values in the Purchase Planning form. Use the With Selected (bottom of the form) the From/To fields.

2. Bulk Change: You can bulk change the reorder level in the Extended Item Lookup Form.

3. Default Value for New Items: Set a default value for new items in the Stock > Stock Options > New Item Defaults form.

Additional Order Quantity

When the reorder level is reached, this is the quantity that you must order. This figure will be shown in the Purchase Planning Form. It is configured in the Stock Main Form > General Tab.

You can bulk change the quantity in the Extended Lookup form.Tab

Minimum Order Quantity (MOQ)

This is the minimum quantity as specified by the distributor. Don’t confuse this with buying units or the units in a pack. For example, if you buy 1 box of pens containing 50 pens and you sell per pen, then your minimum quantity is one box. If in doubt, leave the minimum quantity as one!

Reliability %

The accuracy of the suggested re-order quantity is.

Suggested Order Quantity

This is the quantity that SI+ predicts you must order, taking maximum levels, minimum levels, lead time, and days until the end of the month into account. See the reliabilty % for the accuracy of the prediction.

Minimum Stock Level

Maximum Stock Level

Minimum Level: You will run out of stock if your stock goes below this level. The computer computes this value from your predicted next month's sales divided by 30.5, multiplied by the supplier Lead Time (specified in the Suppliers Main form). You can change this value manually if needed. To prevent manual changes, go to Stock Options and select Use Suggested Min/Max.

Maximum Level: The predicted maximum amount of stock that you will sell per month. This value is computed by the computer using regression analysis. You can change this value manually if needed. To prevent manual changes, go to Stock Options >General tab and select Use Suggested Min/Max.

These values are displayed in the Purchase planning form as Min Level / Suggested Min Level and Max Level / Suggested Max Level, as well as in the Inventory Statistics form. You can bulk change the minimum / maximum levels in the Inventory Statistics form

Note

You can change the above values manually in the Stock Main Form. To do this, go to Stock Options and deselect Use Suggested Min/Max Levels.

Growth %

Item Growth:

Item growth is the forecast of the average growth or decline per month for each item. For example, a growth of 8 means the item's predicted sales increase by 8 per month. This metric is used in Purchase Planning to help manage inventory levels.

Avg. Sales Qty.

Average Sales Quantity:

Every time there is a stock movement, the average monthly sales will be recalculated. You can specify the number of months to use for calculation purposes in Stock Items > Stock Group. This information can be found in the Stock Main form, Purchase Planning, and Stock Extended Item Lookup forms.

Stock On Hand (SOH).

Sometimes referred to as In-Stock.

The Stock on Hand (SOH) quantity represents the total number of items currently in the store. However, this quantity is not always available for sale, as some items may be reserved for job cards and sales orders. The Available Quantity refers to the number of items that can be sold immediately.

On Order

Items that are on order from the suppliers.

Reserved

Reserved item quantities are the allocated quantities on Sales Orders (only quantities allocated) and Jobcards.

•Automatic Allocations: If you need allocations to be done automatically, you can set this in the Stock Options > Allocation Tab. Check the Easy (Stock is not reserved) checkbox. Reserved quantities will only show if the advanced options are selected.

•Job Cards: If you don't want the program to reserve items from job cards, uncheck the Jobcard Reserve Stock checkbox on the Workshop Options form.

Uncommitted

Uncommitted Quantities = In Stock - Sales Orders - Job Cards

Displayed in Extended Item Lookup & Purchase planning Form

Confirmed Demand

Confirmed Demand = Total item quantities on Sales Orders and Job Cards.

This is the quantity you need to fulfill all sales orders and job card requirements.

Available Quantity

Quantity available to sell.

Is the Stock On Hand - Reserved

Stock Shortfall

= Confirmed Demand - (In Stock + On Order)

A positive quantity means that you can't fulfill your current orders.

Quantity to order

Use either of these two, depending on your trust in the figures.

Sugested Order Qty: Levels

SQty.NoR

(using your own values)

If the In-Stock - Sales Orders - Reorder Level is less than or equal to 0, then the quantity will be calculated as follows:

SQty.NoR = Reorder Level - In Stock - On Order + Confirmed Demand

Otherwise, the calculation will be as follows:

SQty.NoR= Reorder Level - In Stock + Additional Order Quantity - On Order + Confirmed Demand

Suggested Order Qty:Regression

SQty.R

(as predicted by SI+)

Quantity to order using linear regression techniques.

Suggestion Regression (SQty.R) = Next Sales + Confirmed Demand - On Hand - On Order