In this tutorial, we explain the difference between item kits and assemblies in coreSTORE and demonstrate how to set them up. Learn how to create item kits to bundle products at a special price and how to build assemblies using raw materials to create finished goods. This video covers the detailed steps for setting up and managing both item kits and assemblies, including setting prices, receiving inventory, and handling sales. Watch this video to streamline your inventory management with item kits and assemblies in coreSTORE.

If you assemble items into a single selling item you should use the Assemblies feature in coreSTORE.

Managing Item Kits and Assemblies in coreSTORE

Introduction

coreSTORE provides robust tools to manage inventory through item kits and assemblies. Item kits bundle multiple products at a special price, while assemblies combine raw materials to create finished goods. This guide will walk you through the steps to set up and manage item kits and assemblies efficiently.

Setting Up Item Kits

Step-by-Step Guide

Create an Item Kit:
- Navigate to the Inventory section in coreSTORE.
- Click on "Item Kits" and select "New Item Kit."
- Name the item kit (e.g., "Widget Bundle") and assign it to a category.

Add Items to the Kit:
- Select the items to include in the kit (e.g., Widget 1 and Widget 2).
- Specify the quantity of each item.
- Set the kit price (e.g., $80 for items worth $100 individually).

Save the Item Kit:
- Save the item kit to add it to your inventory.
- When selling the kit, coreSTORE will break down the items and apply the kit price.

Example Configuration

- Item Kit Name: Widget Bundle
- Items: Widget 1 (qty 1), Widget 2 (qty 1)
- Price: $80

Selling an Item Kit:
- Go to the Sales screen.
- Add the item kit to the transaction.
- coreSTORE will automatically apply the kit price and break down the items.

Setting Up Assemblies

Create an Assembly:
- Navigate to the Assemblies section in coreSTORE.
- Click on "New Assembly" and name the finished product (e.g., "Finished Product 1").

Define Components:
- Specify the components required to build the assembly (e.g., 1 Widget 1 and 2 Widget 2).
- Set the quantities needed for each component.

Set Costs and Prices:
- Define the cost and selling price of the finished product.
- Include labor and other costs in the total cost.

Build the Assembly:
- Go to the Receiving screen and receive the necessary components.
- Navigate to the Assemblies section, select the assembly, and specify the quantity to build.
- Save the assembly to update your inventory with the finished product.

Example Configuration

- Assembly Name: Finished Product 1
- Components: Widget 1 (qty 1), Widget 2 (qty 2)
- Cost: $60
- Selling Price: $750

Managing Inventory:
- Track the inventory of both components and finished products.
- Adjust quantities as needed when receiving new stock or building more assemblies.

Selling an Assembly:
- Go to the Sales screen.
- Add the finished product to the transaction.
- coreSTORE will handle it as a complete product, not breaking it down into components.

Benefits of Using Item Kits and Assemblies

- Flexibility: Create bundles and finished products to offer special deals and manage manufacturing processes.
- Efficiency: Streamline inventory management by tracking components and finished goods separately.
- Profitability: Set special prices for kits and accurately calculate costs for assemblies to optimize pricing strategies.

Conclusion

Setting up item kits and assemblies in coreSTORE enhances your ability to manage inventory and offer bundled products or finished goods efficiently. By following the steps outlined above, you can create item kits and assemblies, manage inventory, and handle sales transactions effectively. For further assistance, refer to the coreSTORE knowledge base or contact support.

This feature helps you streamline inventory management, improve pricing strategies, and enhance operational efficiency.

Updated on: 06/26/2024