========= Inventory ========= Inventory management is complex, Nilead does not aim to be a full blown inventory management system; however, we do have a system that can help the majority of small businesses to manage inventory. *************************** Simple Inventory Management *************************** Most store needs to keep of the current quantity on hand of each item only, and for that purpose a very simple inventory system is needed. Nilead, by default, support store owners to set on hand quantity per product variant ***************************** Advanced Inventory Management ***************************** For more advanced tracking purpose, Nilead also allows store owner(s) to keep track of the following information: - location (facility, container) - in/out date of each current available on hand lot - inventory adjustment history - inventory variance history (difference between physical inventory vs on-system inventory) Inventory Strategy ================== Inventory strategy can be very useful when you sell products that need to be sold using a custom in/out strategy (FIFO, LIFO, ...). The inventory strategy will be used to generate a picklist for the shipping order as well as marking the specific inventory item as sold. By default, Nilead supports FIFO and LIFO strategy; however, you can write any customized strategy that fits your business needs.