Retail Express uses a number of "stock buckets" to carefully track stock within each Outlet. Products will move throughout each status as transactions are processed in Retail Express, including Purchase Orders, Sales and Stock Adjustments.
Below we have defined what each of these statuses means.
|Available||Products that are in stock and ready to sell for customers|
Products awaiting fulfilment/dispatch e.g sales, layby or Internal Transfer Order
Tip: Click the allocated number (underlined) to open the Allocated Stock window, this will display a list of orders/ITOs etc for the allocated stock (including reference numbers, quantities and Outlets)
|Picked||Internal Transfer Order (ITO) - products that are in the process of being transferred with the "Picked" status|
|Transit Out||Internal Transfer Order (ITO) - products that are in the process of being transferred with the "Transit Out" status|
|Transit In||Internal Transfer Order (ITO) - products that are in the process of being transferred with the "Transit In" status|
Internal Transfer Orders that have been marked as Received but the stock is not yet Available
Note: this is a legacy feature for Purchase Orders
|Requested||Products that have been requested through an ITO|
|OnOrder||Products that have been ordered through a Purchase Order|
|OnReturn||Products currently being processed on a Supplier Return|
|Faulty||Products that are still physically stored but not fit for sale; can only be updated using Stock Adjustments or when doing a Return/Refund through POS|
|Bin||Used to enter a reference for the physical location for the product within the Outlet/Warehouse e.g. Aisle 10, Bay 2, Shelf 25|