Inventory
Overview
MyChoice Pantry (version 2.0+) comes with the ability to track your inventory and stock built-in.
Inventory is tracked at the product level. Stock will go down automatically when customers place orders, and similarly, MyChoice has helpful tools for tracking customer orders and shipping status.
The tracking of your stocks, orders, and shipping are all integrated into detailed stock reports and statistics. Thanks to this, you can avoid over-ordering, know when you need to purchase extra stock, and find out which products are doing the best.
Enable Stock Management
If you want to manage individual stock settings, you’ll need to check Enable stock management at the product level. Here’s what each of these settings means:
SKU – Set a product SKU number.
Stock quantity – Manually set stock numbers.
Allow backorders – Allow customers to order products when they’re out of stock.
Low stock threshold – Specifically, override the low stock threshold set on globally.
Sold individually – Allow customers to only buy one product at a time.
How to Keep Inventory Updated
Automatic Inventory Adjustments
MyChoice will automatically deduct inventory from your products when orders are placed.
This will only apply to products with inventory management enabled. When set, MyChoice will deduct from this number whenever you receive an order, and it also will automatically set your products to low or out of stock as appropriate.
IMPORTANT: If an order is cancelled or the status is changed to the legacy "pending-payment" status, stock levels are increased.
Manual Inventory
There are three ways to manage inventory manually (such as for accepting new stock). Managers can...
Navigate to Dashboard > Products and edit the quantities individually
Use the Stock Manager by navigating to the Dashboard > Stock Manager
(Coming Soon) Scan barcodes with the MyChoice mobile app to pull up products and adjust inventory