Assigning Inventory Types For Products

When creating a product you can set the inventory type it will be. This function will help to optimize the listing for the specific ways you want to organize your stock.

1. Click Catalog.
   

2. Click Add Product.
   

3. In the top menu click Inventory.
   

4. Click the drop down menu for Inventory Type.
   

1. Select an option.
   

5. Click Save and Continue.
   

Reasons for each type:

1. FIFO: First In First Out
   
1. When dealing with expiration dates, perishables, or time/temperature sensitive materials. Also a good choice for general listings.
   
2. Serial Number
   
1. If handling a product that needs to be specific to individual items. Serial numbers allow you to track the life of a product from receiving to sales. 
   
3. Lot Number
   
1. Good for organizing batches of products. Can be used if wanting to track all items that come in the same Purchase Order.
   
4. Services
   
1. If you need a listing for a labor service you offer.
   

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