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Inventory Terms & Language

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The following tables list the most commonly-used terms and language in ShippingEasy's Inventory Management solution. We've broken out these terms by the area of our application that they're most closely associated. 

TIP: quickly search for a term with your browser's "find" function. Windows: Ctrl + F | Mac OS X: ⌘ + F

 

Products

Term
Definition
ASIN The Amazon Standard Identification Number (ASIN) is a 10-character alphanumeric unique identifier assigned by Amazon.  
Available The total amount of stock you have available for sale.
Awaiting The total amount of stock you have ordered, but not yet received from your supplier(s).  
Bundled Product A group of products that are sold together. Bundled product(s) can be made up of multiple quantities of the same product or multiple different products and quantities. Learn more.
Combine Variants  This action allows you to select multiple SKUs and combine them under the one parent product in ShippingEasy. Note: this can be used to group your product variants together.  
Committed The total amount of stock you have committed to orders that have not yet been shipped.
ISBN The International Standard Book Number (ISBN) is a unique commercial book identifier barcode. All ISBNs have either 10 or 13 digits.
Low Stock Alert The alert displayed at the top of your ShippingEasy account when the available stock of one or more of your products falls below the set low stock threshold. Learn more.
Low Stock Threshold   The threshold at which you want ShippingEasy to alert you that you are getting low in stock. Learn more.
Merge Products  The bulk action for SKU Aliases. You can select multiple SKUs and merge them into a single product so that your stock adjusts correctly in ShippingEasy. Learn more.
Product Products are the items that you sell on your store. Learn more.
Product Category Product Categories can be used to group your products together. They expand the possibilities of shipping rules, allowing you to apply a single action to a broader range of products. Learn more.
SKU  The stock keeping unit you use to identify your product(s).
SKU Alias An SKU that maps to another product so that your stock adjusts correctly in ShippingEasy. Learn more.
Stock  The total amount of stock you have on hand. Note: this is the available stock and committed stock counted together.
UPC The Universal Product Code (UPC) is a 12-digit bar code used extensively for retail packaging in United States.
Variant  Variants are the different styles of your product SKUs. They are defined by Attributes and Options.
Variant Attribute   A variant attribute is a specific characteristic of a product such as the color, size or material. 
Variant Option A variant option is a specific type of attribute such as small, medium or large. 

 

Purchase Orders

Term
Definition
Expected Delivery Date The date at which you expect all of your ordered products to be delivered to you by your supplier. 
Closed  Closed purchase order cannot be edited, received or emailed from ShippingEasy. Any products that has not been received when a purchase order is closed will be removed from your awaiting stock.   
Fully Received  This indicates that all of the products on your purchase order have been received and added to your stock.  
Not Received   This indicates that no products on your purchase order have been received. 
Open This represents both not received and paritally received purchase orders. Open purchase orders have not yet had all of the orders items sent. 
Order Date The date you issue your purchase order to your supplier. Note: you can postdate your purchase orders if you wait before sending them.  
Pack Size Your suppliers will sell you products that come in packs of varying sizes. The pack quantity is a read only value you can select to display on your purchase order to help reduce the risk of your supplier incorrectly packaging your order. Learn more.
Partially Received  This indicates that some of the products on your purchase order have been received and added to your stock.  
Purchase Order  An order placed with your supplier to re-order your products and increase your stock. 
Shipping Method   The shipping method used by your supplier when they send your products to you. 

 

Suppliers

Term
Definition
Payment Terms These are the payment rules imposed by Suppliers to ensure that payments are received within a reasonable period of time. Payment methods include Credit Card, Cash on Delivery (COD), Net 15, 30 or 60. Note: Net 15 means payment must be received within 15 days.
Primary Contact  The primary contact for your supplier is the main contact for your supplier. This is the person who your purchase order will be directed to when created in ShippingEasy. 
Resale License  Each state that has sales tax will issue a resale license to businesses and individuals involved in selling goods and services that are subject to sales tax. This license can go by a variety of names in different states, such as Use and Sales Tax License, Seller's Permit, Certificate of Resale and Certificate of Authority.
Supplier  The company or person(s) you order your products from.  
Supplier SKU The stock keeping unit assigned by your supplier to identify product(s) when re-ordering.
Tax ID The Employer Identification Number (EIN) also known as a Federal Employer Identification Number (FEIN) that is used to identify your business. 
Unit Cost  The per unit cost of a product for a specified supplier. This cost will auto-populate on Purchase Orders for this supplier.

 


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Inventory Management FAQs
FAQs: Products

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