A well-established inventory management is a crucial constituent of any online store functionality. We are going to consider general Magento 2 stock settings and additional extensions with the use of which you can boost your management abilities.
In Magento 2 you can manage your stock using two approaches: you can control all the products via the default inventory settings or using each product individual settings.
To manage your stock efficiently you may need to have all the order data at hand. Our Magento 2 Order Export extension can help you with this.
Basic settings of the menu:
Set Items' Status to be In Stock When Order is Cancelled: set the option to ‘Yes’ if you want the items from cancelled orders to be placed in stock again;
Decrease Stock When Order is Placed: choose the ‘Yes’ option if you need to enable the functionality;
Display Out of Stock Products: set ‘Yes’ option if you want to display out of stock products;
Only X left Threshold: put in the number of items to be displayed on a product page by default regardless the real number left in stock;
Display Products Availability in Stock on Storefront: if you need to display an actual number of products left in stock, enable the option.
Basic settings of the menu:
Manage Stock: the function is enabled by default. However, if you sell virtual products, which can’t get out of stock, you can switch it off here;
Backorders: you can allow customers order products that are out of stock at the moment. Just choose ‘Allow Qty Below 0 and Notify Customer’ in the section. If you agree to deliver products as soon as they are in stock, choose the ‘Allow Qty Below 0’ option.
Maximum Qty Allowed in Shopping Cart: choose the number of products allowed for a single cart;
Out-of-Stock Threshold: put in the number of items to be displayed on a product page by default regardless the real number left in stock;
Minimum Qty Allowed in Shopping Cart: define the minimum number of products to make a purchase;
Notify for Quantity Below: define the number of products left in stock to be timely notified of the deficit;
Enable Qty Increments: add the number of just filled up products;
Automatically Return Credit Memo Item to Stock: enable the option if you need it to automatically account the items added to cart, returned and cancelled items.
Make all the changes you need here. Have in mind that in case you enable the ‘Allow Multiple Boxes for Shipping’ option, different parts of the same products can be delivered separately.
Besides, if you need to change the quantity of a product quickly, you can make it in Product Details:
Don’t forget to save all the changes and clear cache after the settings are completed.
If you need to expand default Magento 2 stock management functionality, you can implement 2 ready-to-use solutions:
To create custom stock statuses for all product types use the Custom Stock Status extension:
With the use of the Multi Warehouse Inventory extension, you will easily manage your inventory. The solution is of a high use for merchants who run online stores with multiple warehouses: