Start your inventory system with Basic Edition, which is recommended for small businesses with one warehouse.
Inventory Management extension is the ultimate Magento store manager system, helping you easily keep track of any products in backend. This module eliminates common mistakes arising when you handle stock availability, transfer and purchase more items for your warehouses.
The extension is compatible with
- Magento CE 1.7.x - 1.9.x & EE 1.9.x - 1.14.x
- SUPEE-6788 & 7405 security patch
- Quick Upgrade to Magento 2 (coming soon next quarter)
- 9 other extensions in Retailer Kit
It’s a hassle for everyone when having to deal with thousands of SKUs, especially for a newbie. Inventory Management eases the task by showing product images & bringing all data needed to the forefront:
- Physical Qty. remaining in your real storage location
- Available Qty. left in your virtual Catalog to sell
- On-hold Qty. allocated in non-shipped sales orders
And if you have many warehouses or storage locations? No worry, you're just 1-click away from filtering inventory data by warehouse.
For configurable, bundle and grouped products, the system only controls their variations' inventory by associated simple products.
If you sell products like clothes, shoes, etc. that come with different sizes & colors, it's very easy to mess up inventory due to their similar SKUs. But now your staff can manage stock in the most simple and visual way even with the minimum training!
Since data differences in practice and in the record are unavoidable sometimes, you surely need to frequently check & update stock to keep the statistics reliable.
But imagine how dreadful it is when you find out a mistake after updating stock in mass! Luckily, this extension lets you save the adjustment record in Pending status & doesn't update Qty. yet. It's like a simple physical stocktake procedure so you can double check everything then confirm later.
This feature is especially helpful when you want to record inward inventory, such as a simple version of purchase orders with your suppliers. When your warehouse receives more items, you can submit a stock receiving form that contains reasons and Qty. received of each product. For better accuracy, the total Qty. will be increased accordingly after the store manager confirms the form.
Supplier Portfolio Storage
To record which suppliers provide which products, you can assign current products in your Catalog to them. To create purchase orders easier, products' cost, tax, discount & supplier SKU are saved in suppliers' portfolio.
As a Magento Store Manager extension, it helps you gain an in-depth view into key suppliers and purchasing activities. When you look into a supplier in details, you will know how many orders you have bought from them, how much money has been spent and refunded.
This information can be a useful basis to draw up prompt supplier strategies such as preferential treatments to the largest supplier or withdrawal from buying stocks of high returning rate ones and so on.
Purchase Order Management
The system surely optimizes your purchasing process with up-to-date info on purchase orders, such as products ordered, warehouse received, Qty. requested, Qty. received, spending amount, delivery status and so on. Partial shipment and returned purchase order are also supported effectively.
Creating and managing purchase orders just like a breeze in our Inventory system. Within a few clicks, you can email your requirements or any purchase order's updates to suppliers.
- Contact Information
- Shipping Details
- Payment Details
- Other Information
- Purchase Order Review
It's more convenient for you to track as the system will mark your purchase order as Paid/Not Paid, Sent/Not Sent.
Moreover, while creating or editing Purchase Order, you can see at which step Purchase Order is: Pending, Waiting Confirmation/Confirmed, Waiting Delivery, Processing Delivery and Complete
You can also print receipts for returned orders & missing items. Missing items or Shortfall items in complete Purchase Order are a number of products that aren't delivered as requested number.
Instead of creating Purchase Order manually, you can quickly generate it based on Low Stocks. If you use Professional Edition or install Supply Needs plugin, you can also create Purchase Order automatically from Supply Needs.
Low Stock Notifications
Want to maintain sufficient inventory levels without much effort? The low stock notification feature will help you achieve that!
You no longer have to manually calculate your safety stock to set the threshold Qty. again. Based on sales history, the system automatically suggests which products are running out of stock in upcoming days.
Using Cron job update, you will be frequently alerted on schedule via email & notifications on the admin dashboard.
The system filters & logs all low stock products so you can easily review later. By placing purchase orders in time, you'll never worry about the out-of-stock situation again!
Shipment Status Management
Do you have a headache every time you track shipments of sales orders? It's such a nightmare when you don't know which one is complete, not shipped or partially shipped.
This Magento store manager extension enables you to manage all shipment processes on 1 single grid. For each customer order/ sales order, you can easily see its shipment status and from which warehouses the shipment is sent.
Physical stocktaking is a must-have for an efficient scientific inventory control system and also a statutory requirement when adjusting stock. Continuous stocktaking can reduce your accounting cost by bringing your stock discrepancies to the notice early.
You can use physical stocktaking acts anytime to double-check and correct inventory amounts in Inventory Management according to real Qty. in your warehouses. Warehouse managers can upload their stock counts for admin's approval. After confirmation, the system will update quantities instantly.
Multiple Warehouses/ Storage Locations
Operating multiple warehouses in different locations can be a pain when it comes to traceability. Inventory Management's multi-warehouse feature helps centralize your tracking system.
Besides contact & location information, you easily know sales/purchase balance & available stock in each warehouse.
Have multiple Magento stores? Inventory Management has your back with the ability to manage individual stock level for each store. Simply select which web-stores connected with a specific warehouse.
With many warehouses/ storage locations in the system, you can select a criterion to automatically assign allocated Qty. to specific warehouses.
While creating shipments, you can choose another dispatch warehouse from the default one if needed.
For better administration, you can assign sending/ requesting stock permission of each warehouse to specific admin users only. A reason to move the stock in/ out is always required and all stock movements are recorded.
You can decentralize access permissions to each category in Inventory Manage menu. E.g.
- Sales staff only can view Sales Shipments status & ship products
- Warehouse staff can manage stock on-hand, receive & send stock
- Warehouse manager can create purchase order to restock products, create new warehouse
- Marketer/ Analysis can view reports to analyze data & inventory performance
You can now easily create your wanted Barcode Templates with flexible customization of Barcode type, Paper size, Attributes shown, etc. Then, choose your preferred templates for printing barcodes.
The extension enables you to print barcode labels in mass and stick them to real products in warehouses. You also can choose printing templates for barcodes after creating your wanted ones. For example, you can choose to show the information of:
- Product Name & Barcode
- Product Name, Size, Price & Barcode
- Barcode Symbol Only
- Product Name, Price & Barcode
Any staff can use barcode readers to instantly track down product information in picking and delivery inventory operations, such as which supplier the defective items come from.
From now on it is easier and faster for you to scan a barcode to create Physical Stocktaking and Purchase Order instead of checking them manually. 5 most recently scanned items are also shown up when you scan the barcode.
Our extension lets you go beyond management and into the analysis. Not only records the full history of any changes in the system, the Inventory extension also provides many useful reports on up-to-date sales, purchases, customer values and other detailed data.
Visual charts will give you better control and foresight into your business and take prompt actions.
Supply Need Forecast
Let's imagine that you can know how many items should be stored to fulfill the demand for the next 4 months. How awesome is that, especially for the nearby sale season!
And that is exactly what the intelligent supply need forecast will help you achieve! It predicts the out-of-stock date of each product and calculates the re-ordering Qty. for the upcoming periods.
To help you to make more accurate purchasing decisions, the Qty. in processing purchase orders is also taken into account. After knowing how much you should buy more for each warehouse, you can promptly transform the supply needs into purchase orders in 1 click!
POS & Inventory - The Perfect Line-Up For Multi-Store Retailers
*Bonus: You get this combo with 10% off
Inventory is compatible with Magento Web POS version 1.0 to 2.3.3. Chat with our expert for more details
Get a Heads Up on the Upcoming Features
To provide you with the best solution, we carry out new updates frequently every 2-3 weeks. Below are some great improvements that will be available soon.
- Coming Soon: Support shipping services like ShipStation, ShipWire via API