Stock Terminology

Current Stock 
 This list applies to units which are currently in the business. These terms are used throughout the CMS and the POS.  
 
 
 
 Label 
 
 Purpose 
 
 
 
 
 
 Stock 
 
 Total number of units in the business 
   
 Includes Available, Reserved and Unavailable 
 
 
 
 On Hand 
 
 Number of units held at the current Store 
   
 Includes Available, Reserved and Unavailable 
 
 
 
 Available 
 
 Number of units available for Sales Order fulfilment in the User's current Store 
   
 This equals On Hand minus Reserved and Unavailable 
 
 
 
 Reserved 
 
 Number of units Reserved to Sales Orders and eCommerce baskets 
   
 Includes all Sales Order lines which have not been despatched, and excludes orders with the following statuses: 
 
 Draft 
 Quote (unless 'reserve' manually toggled) 
 Abandoned 
 Cancelled 
 
 Also includes units of stock in locations marked as 'Reserved' 
 
 
 
 Unavailable 
 
 Unavailable units, typically damaged or undergoing quality control 
   
 Number of units held in locations marked as 'Unavailable' 
 
 
 
 Available Elsewhere 
 Number of Available units elsewhere in the business, e.g. the total amount of Available units in other Stores 
 
 
 
 Purchase Orders 
 This list applies to units which are currently on order from a Supplier. These terms are used throughout the CMS and the POS.  
 
 
 
 Label 
 Purpose 
 
 
 
 
 On Order 
 
 Total number of units ordered from the Supplier 
   
 Typically, this is in relation to the total number of units ordered from a Supplier on a particular Purchase Order 
   
 This equals 'Allocated' plus 'Unallocated' 
 
 
 
 Allocated 
 
 Total number of units on a Purchase Order allocated to Sales Order lines 
   
 This equals 'On Order' minus 'Unallocated' 
   
 This figure includes units on 'Locked' Purchase Orders 
 
 
 
 Unallocated 
 
 Total number of units on a Purchase Order that are free to be allocated 
   
 This equals 'On Order' minus 'Allocated' 
   
 Units on a 'Locked' Purchase Order will be excluded from 'Unallocated' 
 
 
 
 
 POS 
 This list includes labels which are only used within the POS. 
 
 
 
 Label 
 Purpose 
 
 
 
 
 Available to order 
 Signifies that there are no units of the SKU within the business, and that there are none on order - fulfilment of a new Sales Order will only be possible following a Purchase Order 
 
 
 Backorder lead time is xxx days 
 Displays the default lead time for the SKU 
 
 
 
 eCommerce 
 This list includes labels which are only used within the eCommerce website. 
 
 
 
 Label 
 Purpose 
 
 
 
 
 In Stock 
 
 Signifies that there are units available in the business, and that a new Sales Order may be immediately fulfilled 
   
 An 'In Stock' figure is made up of the total number of Available units in Locations across all Stores enabled for  web fulfilment . 
 
 
 
 Out of Stock 
 
 Signifies that there are no units available in the business, and that a new Sales Order may be will not be fulfilled  
   
 An 'Out Of Stock' figure is determined by checking the total number of Available units in Locations across all Stores enabled for web fulfilment . 
 
 
 
 Available (allow XXX days for delivery) 
 Displays the default lead time for the SKU 
 
 
 Low Stock 
 
 Signifies that there are only a small number of Available units 
   
 Triggered if the number of 'In Stock' units is less than the 'Low Stock (order at)' figure on the Inventory tab 
 
 
 
 Available to pre-order 
 
 Signifies that stock is coming into the business, which will be used to fulfil a new Sales Order 
   
 The appropriate lead time will be displayed in the checkout 
   
 Only displays if 'allow back order' is not enabled 
   
 Total number of units available to pre-order equals the total amount of 'unallocated' units for that SKU across all Purchase Orders