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Inventory That Actually Makes Sense

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What you’ll get out of this

• Real-time inventory tracking with cost, price, quantity, and profit margins
• AI-powered pricing intelligence that optimizes margins based on market data
• Smart reorder suggestions that prevent stockouts and overstocking
• Mobile inventory management for quick updates and stock checks anywhere

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Adding Products: The Smart Way

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Essential Product Info

{
  name: "Premium Widget",
  cost: 15.00,        // What you paid
  price: 25.00,       // What you charge  
  quantity: 50,       // Current stock
  reorderAt: 10       // When to restock
}

• Gross margin: $10.00 (40%)
• Inventory value: $750 at cost,$1,250 at retail
• Days of supply: Based on sales velocity
• Reorder suggestions: Optimal timing and quantity

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Quick Add vs. Detailed Setup

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AI Inventory Intelligence

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Pricing Intelligence

// AI pricing analysis
{
  currentPrice: 25.00,
  suggestedPrice: 27.50,
  reasoning: "Market analysis shows 10% price increase opportunity",
  competitorRange: [22.00, 30.00],
  demandLevel: "high",
  priceElasticity: "low" // customers won't flee for small increases
}

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Reorder Intelligence

{
  currentStock: 8,
  reorderPoint: 10,
  suggestedOrder: 40,
  reasoning: "Based on 30-day velocity, seasonal trends",
  leadTime: "7-10 days",
  optimalOrderSize: 40, // balances cost vs. carrying cost
  urgency: "order_soon"
}

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Sales Velocity Analysis

• Fast movers: High velocity, keep well-stocked
• Steady sellers: Predictable demand, standard reorder
• Slow movers: Low velocity, reduce inventory
• Dead stock: No sales, consider clearance

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Inventory Tracking

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Real-Time Stock Levels

• Current quantity updated with each sale
• Reserved stock for pending orders
• Available to sell calculation
• In-transit inventory from suppliers

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Stock Alerts

• Low stock warnings when hitting reorder points
• Out of stock alerts for immediate attention
• Overstock notifications for slow-moving items
• Expiration reminders for time-sensitive products

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Inventory Adjustments

• Damaged goods write-offs
• Theft/loss adjustments
• Found inventory corrections
• Supplier returns processing

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Product Categories & Organization

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Smart Categorization

• Product names and descriptions
• Price ranges and margins
• Sales patterns and seasonality
• Supplier relationships

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Custom Organization

{
  categories: [
    "Electronics",
    "Accessories", 
    "Consumables",
    "Seasonal Items"
  ],
  tags: [
    "high_margin",
    "fast_mover", 
    "bulk_discount",
    "special_order"
  ]
}

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Filtering & Search

• Quick search by name or SKU
• Filter by category or tags
• Sort by margin or velocity
• Advanced filters for complex queries

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Supplier Management

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Supplier Tracking

• Primary supplier for each product
• Alternate suppliers for backup
• Lead times and minimum orders
• Cost history and price trends

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Purchase Orders

1. Generate PO from reorder suggestions
2. Send to supplier via email or print
3. Track order status and delivery
4. Receive inventory and update stock
5. Process invoices and update costs

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Supplier Performance

• On-time delivery percentage
• Order accuracy rates
• Price stability over time
• Quality issues and returns

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Profit Analysis

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Product Profitability

{
  productName: "Premium Widget",
  unitsSold: 150,
  revenue: 3750.00,
  costOfGoods: 2250.00,
  grossProfit: 1500.00,
  margin: "40%",
  rank: 3 // 3rd most profitable product
}

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Margin Analysis

• Gross margin per unit and total
• Margin trends over time
• Price elasticity testing results
• Competitive positioning analysis

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Inventory Investment

• Total inventory value at cost
• Retail value of inventory
• Inventory turnover rates
• Cash tied up in slow movers

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Product Variants

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Size/Color/Style Tracking

{
  baseProduct: "Premium Widget",
  variants: [
    { sku: "PW-SM-BLU", size: "Small", color: "Blue", stock: 15 },
    { sku: "PW-LG-RED", size: "Large", color: "Red", stock: 8 },
    { sku: "PW-MD-GRN", size: "Medium", color: "Green", stock: 23 }
  ]
}

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Variant Intelligence

• Popular combinations analysis
• Slow-moving variants identification
• Cross-selling opportunities between variants
• Inventory balancing suggestions

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Seasonal & Trend Management

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Seasonal Adjustments

• Seasonal demand patterns from historical data
• Inventory buildup before peak seasons
• Clearance planning for end-of-season
• Storage optimization for off-season items

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Trend Analysis

• Rising demand for specific products
• Declining interest in others
• Market shifts affecting categories
• Opportunity identification for new products

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Integration & Automation

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E-commerce Sync

• Shopify/WooCommerce inventory sync
• eBay/Amazon listing management
• Real-time stock updates across platforms
• Centralized inventory control

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Accounting Integration

• QuickBooks inventory tracking
• Cost of goods sold automatic calculation
• Inventory valuation for financial reports
• Purchase order integration

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Barcode Scanning

• Mobile barcode scanning for quick updates
• Bulk inventory counts with scan-to-update
• Receiving verification scan-and-confirm
• Custom barcode generation

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Mobile Inventory Management

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Stock Checks

• Quick lookup by product name or scan
• Current stock levels with location info
• Recent sales activity for context
• Reorder status and supplier info

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Instant Updates

• Adjust quantities found during counts
• Mark items damaged or returned
• Update prices for promotions
• Add new products discovered in field

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Sales Floor Support

• Check availability during sales conversations
• Alternative suggestions for out-of-stock items
• Price verification and margin checks
• Special order capabilities

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Inventory Reports

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Stock Reports

• Current stock levels across all products
• Reorder recommendations with urgency
• Dead stock analysis for clearance planning
• ABC analysis (high/medium/low value items)

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Performance Reports

• Inventory turnover by product and category
• Stockout frequency and impact
• Carrying cost analysis
• Supplier performance scorecards

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Profit Reports

• Margin analysis by product and category
• Profit contribution ranking
• Price optimization opportunities
• Cost trend analysis

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Best Practices

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Inventory Accuracy

1. Regular cycle counts for high-value items
2. Full inventory counts quarterly
3. Immediate adjustments for discrepancies
4. Root cause analysis for recurring issues
5. Staff training on proper procedures

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Profitability Focus

1. Track true costs including shipping, handling
2. Regular price reviews based on market conditions
3. Eliminate dead stock through clearance
4. Focus on high-margin products
5. Negotiate better supplier terms

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Cash Flow Management

1. Just-in-time ordering where possible
2. Seasonal planning to avoid overstock
3. Supplier payment terms optimization
4. Fast-moving inventory prioritization
5. Regular turnover analysis