3 minute read
Customizing Your Inventory Management on Shopify Plus
Inventory management is a key aspect of running any eCommerce business because it ensures that you always have the right products for your customers. With the advanced features and capabilities of Shopify Plus, you have the ability to customize your inventory management settings to suit your business needs. In this blog post, we’ll discuss how to adjust your inventory management settings in Shopify Plus to streamline your operations and maximize your sales.
First, you need to open your Shopify Plus dashboard and go to the “Settings” tab. Then click “Inventory” to access your inventory management settings.
The first setting you can adjust is the “Track Assets” option. This allows you to track the quantity of each product in stock and automatically update your stock levels after you place an order. You can enable this feature for all products or only for a specific product or variant.
You can then set a “Low Stock Threshold” for each product. This will let you know when your product’s stock levels become dangerously low, allowing you to restock and avoid out-of-stock situations.
You also have the option to enable the “Back Orders” option, which allows customers to purchase products that are out of stock and have them shipped as soon as they become available. This can be a great way to keep your customers happy and prevent lost sales.
For more control over your inventory, you can also set a “Maximum Order Quantity” for each product to prevent customers from purchasing too much of a particular product at once.
Another useful setting is the “Fulfillment service” option. This allows you to choose whether you want to fulfill your orders yourself or use a third party fulfillment service. This can save time and effort and ensure that your customers receive their orders quickly and efficiently.
Shopify Plus also allows you to set a “Hold Inventory” option for your products. This means that when a customer adds an item to the cart, the stock is reserved for a specific period of time. This can be useful if you have limited supplies and want to make sure customers can buy the products they need.
To summarize, customizing your inventory management settings in Shopify Plus can greatly streamline your eCommerce operations. By using these features, you can ensure you always have the right products for your customers, avoid out-of-stocks, and streamline your order fulfillment process.