Stock Advice
Manage Inventory Efficiently with ChannelDock
ChannelDock isoffers ana excellentpowerful waysolution tofor help you managemanaging your inventory.inventory, Especiallyespecially ifwhen youworking havewith multiple stock locations (such as in-house storage, fulfillment center,centers, Logistics via BolBol.com (LVB), and/or Fulfillment by Amazon (FBA)).
This article explains how to takemake advantagethe most of ChannelDock'ChannelDock’s stock notifications and stock advice features.
Stock Advice Categories
ChannelDock generates actionable stock notificationsrecommendations andacross stockfour advise.key areas:
-
StockPurchaseadvices:Recommendations – When to reorder products to avoid stockouts. -
Fulfillment Center Replenishment
recommendationsgenerated–bySuggestionsChannelDockforandrestockingcanyourconsist of 4 categories: purchasing recommendations,external fulfillmentcentercenters.replenishment, -
LVB / FBA
replenishmentReplenishment – Guidance for replenishing stock with Bol.com ormovingAmazon.stock -
Internal Stock Transfers – Moving inventory from storage to pick locations within your
ownwarehouse.warehouse
These insights help you maintain optimal stock levels across all sales channels and storage location to a pick location.points.
Setting up product data for accurate stock advice:
SetTo configure stock advisoryadvice datasettings, by goinggo to the Inventory > All Products page, then, click on the product > Settingsand toEdit adjustSettings.
Stock notifications and advisories take into account the product details below:
- Include product in stock advice (Toggle)
Minimum3. Min. supplier order quantitysupplier:
Purpose:this isSet the minimum order quantity that your supplier requires. This helps avoid under-ordering and ensures stock advice aligns with supplier terms.
Example: If your supplier only accepts orders ofaatproductleastthat100youunits,mustentering 100 ensures ChannelDock won’t suggest smaller orderfromquantities.your4.
supplier.- Units per
box:box
Purpose:NumberDefine how many product units are contained in one box or carton.
Use Case: This is important for logistics and warehouse operations, especially when restocking or generating purchase orders. If your supplier ships in boxes ofunits24, - entering 24 helps align stock advice with how products are physically received.
5. Replenishment time
in days:(days)
Purpose:totalSpecify the average delivery time (in days) from the moment an order is placed with the supplier until it arrives at your warehouse.
Use Case: This directly affects when ChannelDock will recommend reordering. A longer lead time means stock advice will suggest reordering earlier toreceipt)preventinstockouts.days. - Stock advice safety margin (percentage)
:
Purpose: Add a buffer to your stock advice as a percentage of expected demand. This compensates for demand fluctuations, supplier delays, or inaccuracies in forecasting.
Example: A safety margin of 20% means that if ChannelDock calculates that you need 100 units, it will suggest ordering 120 to give you a buffer. Stock advice sales history:Based on this number of days ChannelDock will include sales data of the product in its stock advice calculation.Iron stock:Enter the minimum stock youalways want to have at least 10 units in stockattoallcovertimesunexpected(orders or supplier delays, set your ironstock)stock to 10. ChannelDock
1. Supplier:Purpose: onThis toggle determines whether the Inventoryselected >product Deliveryshould pagebe addincluded yourin suppliersthe stock advice calculations performed by pressingChannelDock.
On (green): When enabled, ChannelDock will analyze this product’s sales data, supplier information, and replenishment parameters to generate stock advice.
Off (grey): When disabled, the button:product "Managewill Suppliers".be Hereexcluded from all automated stock recommendations, which is useful if you canwant addto yourmanage suppliersit manually or it's not actively sold.
2. Supplier
Purpose: Assign the supplier responsible for delivering this product. Selecting a supplier is essential for accurate purchasing advice, as ChannelDock needs this data to match lead times, ordering rules, and changecontact theirinformation.
Effect: data.If Whenno yoursupplier suppliersis areselected, addedChannelDock youcannot cangenerate enterpurchase themrecommendations asfor suppliers to athis product.
6.
7. Stock advice sales history (last amount of days)
Purpose: This setting defines the time window used to calculate average daily sales. The more days included, the smoother and more balanced the sales trend will be.
Default: ChannelDock uses the past 30 days to estimate how many units are sold per day, which feeds into how much stock you’ll need going forward.
8. Iron stock (minimum stock amount)
Purpose: Set a fixed minimum stock level that must always be kept in your inventory, regardless of current sales data. This is a multiplier,safety innet percent,to thatavoid zero stock scenarios.
Use Case: If you can specify as a "buffer. This percentage will be on top of ChannelDock's advice.
never advise dropping below this threshold.
Using Stock Recommendations
View stock recommendations:
advice Stockvia advisories can be viewed through "Inventory > Stock AdviseAdvice. Stock advices areChannelDock automatically generatedgenerates byrecommendations the system and can consist of the followingin four categories:
- Purchase
orders:Ordersadvice– Suggestions on which products to reorder andhowinmanywhatpiecesquantities. 3. LVB / FBA
replenishment:ReplenishmentChannelDock calculates the number of sales per day of your LVB and FBA products.– Based onthisdailydata,sales,youChannelDockgetadvisesstockwhenadvicetoonrestockreplenishingBol.comthese(LVB)fulfillmentorchannels.Amazon - (FBA) warehouses.
4. Warehouse
advice:Adviceadvice–onRecommends moving stock from storagelocationsto pick locations.ToRequiresreceiveusethisofadviceChannelDock's Stock Locations feature.This page helps sellers quickly identify which products need restocking and take swift and efficient action, keeping inventory levels on track with just a few clicks.
Key Elements:
This page helps you stay ahead of low stock and restock efficiently with minimal clicks.
1.
2. needFulfillment toCenter repurchase.Replenishment Fuliflment– center replenishment: if you have your orders sent by a fulfillment center that works with ChannelDock, you will also receive adviceAdvice on when to replenishsend stock atto thisconnected fulfillment center.centers.