Terminology - 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 and Reserved, but excludes Unavailable
Available	Number of units available for Sales Order fulfilment in the User's current Store This equals 'On Hand' minus 'Reserved'
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 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

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'
Unallocated	Total number of units on a Purchase Order that are free to be allocated This equals 'On Order' minus 'Allocated'

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

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