Now live: an even better way to manage your supply chain
If you log into AmDash, you’ll now notice a new Inventory link in the top-left dropdown menu.
Here’s a sneak peek:
What’s This For?
While the weekly Inventory Summary email is useful, we wanted to make it even easier to answer the question “what do I need to take care of?” when it comes to managing inventory.
So the new Inventory Master crunches the numbers for you and tells you exactly what actions you need to take within the next 30 days.
If you have a product which needs to be reordered soon (based on your sales velocity and the lead time you specified), we’ll show you those items in the left-hand card at the top of the page.
The “send to Amazon” card shows you items which should be mailed to Amazon soon, if you have some on hand. (If you don’t have any on-hand, it will show up on the “reorder soon” card.)
If you see “nothing to do” in both of these cards, you are all set for the next 30 days!
We also show the total inventory value for each product (and the total, at the top right).
This helps you see where you might have cash tied up in slow-moving inventory which should be liquidated.
But more importantly, you can use this number at the end of each month to easily grab your total Cost of Goods Sold, to keep your accounting up to date. (Your CPA will thank you for this!)
1. Note that you can click on the + sign or the number of units in the “on hand” and “on order” columns to quickly update those numbers.
2. Another way to get to the Inventory Master page from the Dashboard is to click on the blue “inventory” header area on the product rundown table (pictured below).
What do you think?
We love feedback.
What do you like about the new Inventory Master page? What would make it even better?