Shopify Inventory level Indicator Report

The Inventory Level Indicator report holds the data you need to make inventory replenishment decisions.

This Shopify report enables you to determine whether stocks are sufficient for your needs or not based on the product category. The indicated level varies depending on what’s being sold. A fast-moving product will have its quantity level as Low even if it has the same stock quantity as a slow-moving product, which will be shown as High. There are three indicator levels: Low, Medium, and High.

You can customize this report the way you want as every product category, and products within a category can move at different rates. The customization options are detailed in the following sections. 

Understanding the Inventory Level Indicator Report

The default query used to generate the inventory level indicator column is as follows:

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WHEN [Inventory Quantity] > 20 THEN 'High'

WHEN [Inventory Quantity] < 10 THEN 'Low'

ELSE 'Medium'
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As mentioned, you need not stick to the default query. You can modify the values as per your store’s requirement or we can customize them from our end as per your specifications.

Common Fields Used in Inventory Level Indicator Reports 

Here’s the list of the most commonly presented data fields in this report:

• Product Title - Name of the product.
• Variant Title  - Product variant name.
• SKU - Unique identifier for the product in the store.
• Product Status - Determines if a product is available for visitors to view in your online store. 
• Inventory Quantity - The number of items in stock for the product category.
• Inventory Value - Total value of the inventory. It’s calculated by multiplying the inventory quantity by the product's price.
• Custom Collection -  Collection name under which the product is categorized
• Inventory Level - Inventory level indicator
• Inventory Cost- Costs involve the expenses associated with purchasing, storing, and managing inventory.

You can add custom data field columns to personalize your report.

Why Your Store Needs This Shopify Inventory Report

Now, we know the default data fields used in this report and how it helps your eCommerce business. Now, let us discuss the insights this report provides and How to use them in daily business operations.

We categorize our product data into low, medium, and high levels. In the above section, we went through the multiple filter options available for all our reports that let you filter products based on the stock you have assigned for each level. 

What you’re likely to miss while making that decision, as confirmed by our customers via feedback, is that different products sell at different rates. By relying on product quantity data alone, you could falsely determine.

With this Shopify Inventory report, you won’t have to struggle with this problem by avoiding low stock, overstocking, and out-of-stock situations. You can prevent loss of sales and consequent brand reputation harm with this Shopify inventory mismanagement. 

It’s alright if you have high stock quantities. What’s important is that you check your inventory stock levels regularly. 

If you notice that a certain product has remained unsold or had high-level stock for an extended time, you should start planning to liquidate the excess stock. Just make sure that the product’s status remains active in the store, and use sales data in our reports to decide when and how much to order.

Since the quantity of a product is neither too high nor too low, the medium-level stock can be regarded as the safe zone.

The most important data is the low-level stock in your inventory, which will affect your business in several ways, such as loss of sales, customer frustration, etc.  

Here's how to leverage this report to prevent low-stock situations

Filter the report to show products with low levels of stock. Then, schedule the report to arrive at your mailbox at your convenience: hourly, daily, or weekly.

That’s it! Problem fixed. Now, you get updated on products with low stock levels via email.  Focussed store inventory insights when you need to improve inventory management, as intended. 

 The scheduler in Report Pundit will not deliver blank reports.  This ensures that your emails get sent only when your products hit a low-stock level.  Also, as a precaution, stock levels are displayed after deducting pending quantity orders. 

Note:  Based on live data, the displayed levels only indicate current inventory conditions.