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Setting Minimum and Maximum Quantity helps you define the ideal inventory range for each product at your retail location. This ensures you can consistently meet customer demand without overstocking, which helps avoid tying up excess working capital in inventory.
There are two ways to update the Minimum and Maximum Quantity for each product:
Manually:
In Product tab, input the Minimum and Maximum Quantity in the respective columns.
2. Click "Save".
3. The "Status" column will automatically update to indicate whether inventory is running low or in-stock based on min and max quantity you entered.
Automatically using inAtomic AI 🪄
1. Click on "Calculate Min & Max" button. (InAtomic AI calculates the minimum and maximum quantities you should hold for each product based on its sales history.)
2. Click "Save".
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