Articles on: coreSTORE

coreSTORE - Inventory: Adding a New Item

This guide provides step-by-step instructions on how to add a new item to your inventory in coreSTORE. Following these steps will help you efficiently manage and organize your inventory, ensuring that all new items are correctly entered into the system. By the end of this guide, you will be able to add new inventory items with ease and accuracy.


Click on Inventory

Need to manage your stock? Head over to the "Inventory" section on the left-hand side of your screen to get started!

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Click on Items

Let's see what's in stock! Within the Inventory section, click on "Items" to take a peek at your current inventory list.

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Click on New Item

Clicking "New Item" lets you create a brand new inventory record. This way, you can keep your stock list up-to-date in no time.

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Item Name

Give your accessory a catchy name! This name will help you and your staff easily find the product when searching the system. Think clear and descriptive!

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Category

Pick the perfect category! Choosing the right category goes beyond just organization. It helps us track inventory efficiently, generate accurate reports, and even display your products effectively. So, take a moment to find the category that best describes your new accessory. Don't see a perfect fit? No problem! Just click the "Add Category" option to create a new one in a flash.

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Item Information

Level up your details! This section lets you add extra details about your new accessory. Think of it like giving your product a digital ID card! While not everything here is mandatory, filling in these details (like manufacturer, model number, UPC, etc.) helps us with things like reports, sorting features, and keeping track of your inventory like a pro. The more information you provide, the easier it is to manage your stock and keep things organized.

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Item Information Cont.

Fine-tune your accessory! Add dimensions for clarity, set it up for online sales if needed, and customize how it's tracked and sold (age limits, service item, customer presence). This section lets you control how this item functions in your system.

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Rental Items

Thinking of renting this item out? This section lets you mark it as a "rental item" in the system. This way, your system will recognize it as something you can rent to customers.

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Click on Pricing

Next stop: Pricing! We'll handle variations later, but for now, let's move on to the "Pricing" tab to set the cost for your new accessory.

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Cost

Track your profits and price with ease! Enter the cost price of your new accessory (excluding tax) to monitor inventory effectively. coreSTORE even lets you enable the markup and margin calculator in the system settings. This handy tool helps you price your items based on the cost you provide, saving you time and ensuring healthy profit margins.

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Selling Price

Set your selling price! Now you can define your system's selling price, list price (for display), and even mapped pricing (if applicable). Remember, the markup/margin calculator in settings can help you determine a profitable selling price based on your cost.

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Additional Pricing Options

Advanced pricing awaits! We covered the basics, but coreSTORE offers more. Future guides will explore features like setting different prices for customer tiers (wholesale, VIP) and creating promotions to attract customers.

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Additional Pricing Options Cont.

Beyond the basics: coreSTORE lets you manage your pricing in more ways. You can specify if tax is included in your prices, set rules for overriding the default selling price, and even create discounts or rental rates for your new accessory. These features give you more control over your pricing strategy.

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Click on Inventory

Inventory control central! Now that you've added your new accessory, let's head over to the "Inventory" tab. This is where you'll find all the settings to manage your stock effectively.

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Reorder Points

Keep your stock healthy! Set reorder levels to automatically trigger restocking when inventory dips below a certain point. You can also set a higher "replenish level" to ensure you have enough stock on hand to meet customer demand. This helps you maintain optimal inventory levels.

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Item Quantities

Track your current stock: Here, you can set the initial "in stock" quantity for your new accessory. The "committed" field will automatically update to reflect any items reserved for orders, layaways, or other suspended sales. This gives you a clear picture of your available inventory.

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Item History

Track your item's history: This section acts like a logbook, keeping track of your new accessory's journey through your store. It will record all future receiving and sales activity, giving you a clear picture of how this item performs over time.

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Click on Images

Show off your product! Upload high-quality pictures from various angles on the "Images" tab. These can automatically publish to your online store, giving customers a clear view of your new accessory.

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Click on Locations

Location controls and sales details! The "Locations" tab lets you manage location-specific settings for your new accessory and provides a handy summary of its sales performance.

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Location Tab

The "Locations" tab gives you a deep dive into your new accessory's performance across different store locations. You'll see details like sales information, in-store quantities, and committed inventory (suspended sales) for each location, along with overall totals. This helps you track performance and manage stock effectively across your business.

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Click on your desired location

Clicking on a specific location within the "Locations" tab expands a list of settings. This lets you fine-tune how this accessory is managed at that particular store, giving you granular control over your inventory across different locations.

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Location Expanded

Clicking a store reveals more settings for granular control. Here, you can adjust reorder levels, set unique prices, and even organize the item within that specific store.

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Click on Save

Save your work! Click "Save" to finalize the creation of your new inventory item in coreSTORE.

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Updated on: 06/26/2024

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