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How to: Updating Inventory Quantity in SMP

 

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When you first create a new product in Selling Manager Pro, you can specify the initial quantity of that product which is available for sale. As items are listed and sold, SMP automatically downdates the quantity available. But when you receive additional stock, or need to make a manual adjustment, you can access the various quantities to make the appropriate changes.

 

The key elements in managing your inventory quantity are:-

 

  • You can view the total quantity available.
  • You can view the quantity that is available for listing.
  • Make manual adjustments to the inventory quantity.
  • Automatic increases in the quantity available for listing.
  • Automatic reductions in the quantity available for listing.

 

SMP automatically increases the quantity available for listing whenever the following events occur:-

 

  • There is no buyer when a listing ends.
  • If you end a listing early and there is no buyer.
  • If you cancel a scheduled listing.
  • If you reduce the quantity for sale in a multiple item listing.
  • If an item has not been despatched and you make a Final Value Fee Credit request.

 

SMP automatically decreases the quantity available for listing whenever the following events occur:-

 

  • When you create an active listing or a scheduled listing.
  • When you increase the quantity available on a multiple item (Dutch Auction) pending or active listing.
  • When an unsold item is re-listed (SMP will have automatically “returned” the item to stock when the original listing ended without a buyer).

 

So, for all the standard transactions, Selling Manager Pro automatically looks after reducing stock levels when it has been sold and despatched. But to make a manual adjustment, here’s what you need to do:-

 

  • Select “Inventory View” and check the box adjacent to the product you want to update and click on “Update Qty”.

 

  • Use the “Action” pull-down menu to choose whether to add or reduce the stock level and enter the quantity you want to add or deduct. Click “Update Qty” when you have finished.

 

 

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