![]() Here, the stock count for thread spools includes the in-stock quantity, sales orders that have not been delivered and the available inventory, excluding any purchase orders.įinally, get a complete picture of your stock ins and outs with an inventory movement report. A stock transfer will adjust the in-stock and available quantity at both the source and destination stock locations.įor a stock take, a physical count is done for a product at your warehouse location. Or sometimes you may want to transfer stock from one location to another, especially if you have many warehouses. This will affect both the in-stock and available quantity in your inventory. Other ways that you can exercise control over your inventory include doing a manual stock adjustment due to damaged goods. Once the new stock is produced and you receive it at your warehouse, the quantity will be added to your in-stock quantity. The finished quantity will be added to your available inventory that includes purchase orders. Now, to replenish your inventory of quilting thread, you need to issue production orders. ![]() ![]() When you issue shipment and finally deliver the goods, the quantity will be deducted from inventory in stock. Check to see if there is sufficient stock to fulfill these orders new stocks are produced. You may want to decide if you can commit to new sales orders. ![]() Hence, the available quantity (excluding purchase orders) leaves out sales orders that have not yet been delivered. When you create a new sales order for, say, floral quilts, the quantity sold is deducted from available inventory as it is committed stock. Secondly, the available quantity is the balance quantity available for your upcoming sales. So it’s usually not a reliable quantity of how many new sales you can fulfill. But part of it may have been committed to other sales orders. In fact, the last quarter of the year make up about 80% of the year’s sales! Thus, it’s important that you have enough stock for single day sales such as Black Friday.įirstly, the in-stock figure is the quantity that you have in your warehouse. This helps you make decisions about sales forecasts, stock levels, and stock re-ordering.įor quilters, this is critical heading into the colder months and the holiday shopping season. Our focus on managing your stock and making your life simpler means that we’re constantly adding new features (and fixing old bugs).ĮMERGE App shows inventory stock count in three different ways at the product overview screen. EMERGE App is a pure, inventory management only solution. Best of all it comes with a free account to try it out first.įirstly, why should you consider a third-party inventory management system outside of Etsy? Isn’t it easier to use something built-in to avoid the hassle of working with another piece of software? Well, yes and no.ĭepending on your needs, you’re likely to quickly outgrow any built-in inventory management features in Etsy. They gushed about its user-friendly and sensible workflow that gets out of the way to let you focus on what you do best. But running a small online business requires all the time-saving tools and workflows you can get to keep your business humming while you focus on production.Īt a recent get-together, your fellow quilters and Etsy shopkeepers recommended that you try EMERGE App. You perform your best when you’re in the zone producing an award-winning quilt. Suddenly, you realize that you need to pick up and learn a lot of skills outside of quilting. You’re in top form, at the top of your game, and you think there’s really nothing more to conquer as the nation’s top quilter.īut then you open an Etsy store. You’ve won all the state awards and moved on to make a clean sweep of national trophies as well. Let’s say that you’re a champion quilter. The best way to illustrate how EMERGE App helps you is to start with an example. These include managing your products, raw materials, sales orders, and simple production schedules.Īnd Now For A Completely Fictitious Example… We’ll show you how EMERGE App - a user-friendly, cloud-based inventory management solution - helps you run your creative business to sell better and faster on Etsy. Nonetheless, you shouldn’t waste precious time to build your own solution when ready-made software is available. Other use hardware and software technology. Some involve re-looking your business processes and workflows. As a creative entrepreneur, there are various ways to get a handle on managing the orders, purchases, and inventory of your hand-made goods.
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