Guides for inventory management

Inventory management software helps businesses track stock levels, orders, sales, and deliveries. It automates tasks like reordering, syncing inventory across sales channels, and generating reports.

Bazaroo uses provider APIs and webhooks: inventory-aware events where the platform supports them, scheduled sync elsewhere — one inventory truth across connected channels including Shopify, Amazon, Etsy, eBay, and Walmart.

A SKU (Stock Keeping Unit) is a unique identifier for each product variant. Consistent SKU naming helps you track inventory accurately, speeds up fulfillment, and enables proper sync across channels.

Safety stock depends on demand variability and lead time. A common formula: Safety Stock = (Max Daily Sales × Max Lead Time) − (Avg Daily Sales × Avg Lead Time). Calibrate from your own sales history and supplier lead times.

Common causes include receiving errors, picking mistakes, theft/shrinkage, damage not recorded, returns not restocked, and data entry errors. Regular physical counts help identify and correct discrepancies.

Inventory Turnover = Cost of Goods Sold ÷ Average Inventory. Higher turnover means you are selling inventory efficiently. Benchmarks vary by category — use your own COGS and average inventory, not a generic target.