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What is inventory?


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What is inventory? why do you need

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Inventory option means you can track stock of your items. In Loyverse POS  you can set up stock tracking option. There is also a possibility to set up low stock notifications. So each day you'll get an email with goods that have low stock. And in Dashboard app, you can see current stock.

What kind of inventory do you need for your business?

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Inventory is an itemized catalog or list of products. Inventory management is specifying the shape and placement of stocked goods.
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What is inventory management system?

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Inventory is a complete list of unsold goods that a business holds and is listed as a current asset on a company's balance sheet.

There are generally 3 types of inventory:
- raw materials (source materials that will be used to produce finished goods);
- work-in-process (goods that are in the process of being made to finished goods);
- finished goods (goods that are available for sale).

Loyverse Point of Sale

 

 

 

 

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