Understanding how the system calculates kit quantities is crucial for accurate stock management when managing inventory in Neto. In this post, we'll see the distinction between Kitted Quantities and Warehouse Quantities, shedding light on the nuances that impact your overall inventory control.
Kit Quantities Demystified:
Warehouse Quantities
By entering the "Warehouse Quantity," you're essentially informing the system that a certain number of kits are pre-prepared, packed, and ready to ship from your warehouse. This quantity indicates that no further components are needed to build the kit; it's ready for immediate dispatch. The left-hand side displays it as "Total Qty in Warehouse," not "Qty Kitted."
Example: If you have 104 pre-prepared kits in your warehouse, the system recognizes this as the Total Qty in Warehouse.
Kitted Quantities
The blue quantity of the component signifies the "Qty Kitted" indicating the components available in addition to the kits already built and stored in the warehouse. This number reflects the components that can be used to assemble kits if required. For instance, if you have 8 components in stock, the "Qty Kitted" would show 2, as each kit requires 4 components.
Example: 104 kits in the warehouse plus 2 kitted components equal a total of 108 kits available for sale.
Strategic Stock Calculation
To have kits calculate stock based solely on component availability, it's advised not to add any quantity in the warehouse explicitly. Keeping the "Qty in Warehouse" at 0 ensures that the system relies only on Kitted Quantities. This way, the kit depletes as soon as its components run out.
Tip: To avoid confusion, maintain Qty in Warehouse as 0 if you want kits to rely solely on Kitted Quantities.
Practical Application:
Imagine creating a "Nike Gear" kit using Neto. Follow these steps for a seamless process:
- In your Neto control panel, navigate to Products > Add Product.
- Select "Product built from one or more other products."
- Give your kitted product a name, and description, and allocate it to a product category.
- Under Images, upload a picture showing the different components.
- Under Inventory, add a SKU for the kit, leaving the pricing section blank for now.
- Click the green "Add Product(s)" button under Kitting, adding components and setting quantities.
- Check the "Split for Warehouse Picking" box for easy order fulfilment.
- Continue the editing process, ensuring accurate pricing and stock control settings.
- Save the kit, and you're done!
Note: Avoid changing kit components post-creation to prevent reporting and inventory discrepancies.
Advantages of Kits:
- Easier Purchasing for Customers: Kits simplify purchasing value packs or bundled items, enhancing the customer experience.
- Picking and Packing Accuracy: Kitting aids in accurate picking and packing, streamlining the order fulfilment process.
- Stock Control Accuracy: Kits ensure precise stock take and contribute to maintaining accurate inventory levels.
- RMA Accuracy: Ideal for product returns, kitting simplifies the process, preventing issues with missing components.
Understanding the intricacies of Kit Quantities in Neto is pivotal for effective inventory management. By grasping the distinction between Warehouse and Kitted Quantities, you can optimize your stock control processes and provide a hassle-free shopping experience for your customers.
For more detailed information, refer to this help article on Kits.
Let us know if this tip has been helpful to you. Stay tuned for further insights into mastering your e-commerce platform and maximizing your business potential!
