SellerApp’s Amazon Profit Dashboard – Inventory Management
The Inventory summary gives you an overview of the inventory levels,
- The number of products in your portfolio.
- The total number of units in stock
- The sourcing/ manufacturing costs of the inventory
- The net retail price of the all the products. This is based on the current listing price of the products.
The Inventory summary gives you an overview of the inventory levels,
- The number of products in your portfolio.
- The total number of units in stock
- The sourcing/ manufacturing costs of the inventory
- The net retail price of the all the products. This is based on the current listing price of the products.
The Inventory Summary of each product in your Amazon Portfolio are listed below,
Fba stock
The number of product units in the FBA warehouse.
Stock level
The stock levels are grouped as High, Low, Outlier, Out of Stock and Very low.
High Stock Levels
Products whose stock levels would last for a while, with the sales history and the order velocity considered.
Intuitively, it makes complete sense to sell or turn over the inventory faster, especially if you are an Amazon FBA seller with your inventory sitting at Amazon’s warehouse. You pay for the storage and also with Amazon’s new warehouse rules, you might be charged an Inventory Storage Overage fee and not be allowed to send in new stocks until your inventory level drops.
Ideal Stock Levels
The ideal stock levels for a product is calculated keeping in mind the sales velocity of the product, i.e. the number of product units sold every day. This is compared to the current stock rate and segmented as ideal, low.
Very low stock levels are products that need an immediate reordering. However, the best advice is to consider the product profits taking into account the manufacturing investment, marketing efforts, etc.
Out of Stock Levels
Every time a customer visits a product listing that is out of stock, there is a very high chance that they’ll return back happy. Other than this, Amazon does take out-of-stock levels on a pretty serious note.
The very first change would be,
- Buy Box loss if you are one of the many sellers contending for the buy box.
- Loss of search ranks – you automatically see a visible difference in the search ranks due to the zero sales velocity.
- Loss of the coveted Amazon badges – If you are a 3PL Seller, you might as well lose your precious Amazon Choice and Amazon Best Seller Rank on going out of stock.
Outlier Stock Levels
These are products have no particular pattern for the product sales and do not see a great sales rate, therefore have not enough data points to predict the stock indicator levels.
Sales rate
The rate at which the product is sold per day. The sales rate is calculated based on the current sales and the historical sales of the product
Shipping time
The time required to ship the product, once the product order is placed to the manufacturer. Edit the shipping time based on the time it takes for you / your manufacturer to ship to Amazon’s warehouse
Days left
The number of days left is calculated based on the sales rate, and the fba stock remaining in your warehouse. This helps you understand how many more days it would take for your product stocks to get exhausted.
Time to reorder
The minimum time before which you’ll have to place an order, to safely move units without going out of stock. This date is calculated based on the shipping time you’ve entered and the sales rate of the product.
Clicking on ‘Track Product’ adds the product to your Tracked Products category on SellerApp.
Clicking on Analyze helps you break down to the nook and crooks of each product and analyze in depth on the product sales, profits and inventory.
Read more on what ‘Analyze product’ is.
