Introduction
The Inventory Dashboard helps you monitor stock levels, track product performance, and make informed restocking decisions. In this article, we’ll walk you through how to access the dashboard, use its filters, and understand key metrics. This is important because it enables you to avoid stockouts, optimize inventory levels, and protect your revenue. These insights also ensure your customers always see accurate product availability on your storefront.
Prerequisites
Before using the Inventory Dashboard, ensure:
Your product catalog is set up
Inventory is updated for all SKUs
Accessing the Inventory Dashboard
The Inventory Dashboard is available within the Analytics section under the Operations Dashboards tab (third tab). This is your central place to analyze inventory performance and stock health.
Using Dashboard Filters
The dashboard provides multiple filters to refine your analysis:
DRR (Daily Run Rate): Helps you analyze inventory over different timeframes such as weekly, monthly, quarterly, or yearly.
Product Name: Search for specific products.
Product Category: View inventory by category.
Business Category: Analyze inventory across different business segments.
These filters allow you to drill down into specific inventory segments for better decision-making.
Understanding Key Metrics
1. Days of Cover (DOC)
Indicates how many days your current inventory will last based on sales trends.
2. Stock Outs
Shows the number of products with zero inventory. These require immediate attention to avoid lost sales.
3. Inventory DOC Buckets
Inventory is grouped into buckets based on how long it will last:
Less than 30 days
30–60 days
60–90 days
More than 90 days
This helps prioritize restocking.
4. Stock Coverage and Risk Table
Provides a detailed breakdown including:
Total inventory units across catalogs
Sales contribution (%) per SKU
Days of cover per SKU
By default, items are sorted by sales contribution and DOC, helping you identify high-performing products at risk of stockout.
5. Infinite Inventory Tag
If enabled, this indicates that a product is marked as always in stock regardless of actual inventory levels.
Managing Inventory Effectively
Prioritize Restocking: Focus on products in the “under 30 days” DOC bucket.
Avoid Stockouts: Monitor zero-inventory products and replenish quickly.
Disable Inactive Inventory: If a product is no longer sold, disable it from the catalog.
Track High-Performing SKUs: Ensure top-selling products always have sufficient stock.
Use Custom SKU View: Analyze inventory specifically for custom SKUs if applicable.
Customer Experience
Any updates you make to inventory directly impact your storefront:
Products marked out of stock will not be purchasable by customers
Accurate inventory ensures a smooth shopping experience
Prevents order cancellations due to stock unavailability
Next Steps
After reviewing your inventory:
Update stock levels for low-inventory products
Disable inactive or discontinued items
Regularly monitor dashboard insights to maintain optimal inventory health
FAQs
1. What is the most important metric to track?
Days of Cover (DOC) is critical as it helps predict when inventory will run out.
2. How often should I check the dashboard?
It is recommended to review it regularly, especially during high sales periods.
3. What should I do if a product shows zero inventory?
Restock it immediately or disable the product if it is no longer available.
4. Can I analyze specific products only?
Yes, use the product name and category filters to narrow down your view.