This article describes the total, allocated and available inventory measures used in Stock&Buy.
When it comes to inventory levels management, Stock&Buy keeps track of three main stock measures:
Total Inventory Quantity
The total quantity is the inventory count on your shelves or your warehouse. Total stock includes allocated and available stock (see the definitions below)
Allocated Inventory Quantity
The allocated inventory quantity is the count of all items present in your warehouse which are reserved to open sale orders.
Open sale orders are those which have their status set to Allocated or Invoiced. You can read more about sale order statuses and how these impact stock levels here.
Allocated stock, also known as committed or reserved stock, is a concept which ensures you never oversell your products.
Available Inventory Quantity
The available inventory quantity is the count of all items present in your warehouse which are available for sale.
Available = Total – Allocated