Inventory Management
Last updated
Last updated
The Inventory Management module in Lidia Merchant Console offers merchants powerful tools for managing their stock levels across different product categories and locations. This feature ensures that merchants maintain accurate stock levels in real-time, minimizing the risk of overselling or running out of stock. Merchants can also bulk upload inventory data, making it easier to manage large product catalogs.
Real-Time Stock Updates: Merchants can adjust inventory in real-time, ensuring accurate stock levels on the platform.
Bulk Inventory Uploads: Upload product and inventory data in bulk using CSV or API integration.
Stock Alerts: Set automatic low-stock alerts to prevent stockouts.
Real-Time Stock Updates:
Navigate to the Inventory section from the dashboard.
Select the product for which you want to update stock.
Adjust the stock quantity in the product details.
Click Update to save changes, which will reflect immediately on the storefront.
Bulk Inventory Uploads:
Go to Inventory > Bulk Upload.
Download the CSV template provided.
Fill out product IDs, SKUs, stock levels, and other relevant data.
Upload the filled template, and the system will process the updates.
Errors during upload will be flagged for manual correction.
Stock Alerts:
In the Inventory Settings, set threshold levels for stock alerts.
When inventory reaches the defined threshold, merchants will receive an email or dashboard notification prompting them to restock.
Effective inventory management is crucial for businesses to fulfill customer demand. Upon the arrival of goods, inventory management involves receiving, counting, sorting, and organizing stock in an efficient manner.
Having the appropriate inventory management system is vital in preventing the unnecessary storage of surplus inventory, which can lower holding costs. Tracking inventory can be a tedious process if lacking automated and efficient inventory control software.
There are sections where you can manage these inventories. It consists of 3 main parts. These are:
Stores
Warehouses
Price and Stock
The page where the stores in the system are listed. On this page, you can view the stores belonging to the brands in the system, create a new store with the warehouse information of the store, edit and delete the existing stores.
The page where you can manage the warehouses used by the stores in the system. On this page, you can create the repository required to create a store, edit and delete previously created repositories.
Warehouse management involves arranging and supervising all aspects of the warehouse to ensure it functions in the most effective way possible.
Typical activities include organizing the warehouse layout, managing inventory and new stock, fulfilling orders through activities such as picking, packing and shipping, and monitoring and enhancing the overall performance of the warehouse.
You can add new warehouses.
The page with the price lists of the products in the warehouse of the stores and also in the system. On this page, you can create a new price list, edit and delete created price lists.
