Inventory Kits

Inventory kits in Manager.io are bundles of inventory items sold together as a package but are not physically grouped or stored as a single unit. The items within the kit can also be sold individually at different times. When a kit is sold, its components are collected from their respective storage locations for shipment.

Inventory kits are not used for manufacturing purposes; instead, they serve as a convenient sales strategy that offers several advantages:

• Reduces transaction entry time: Simplifies the sales process by allowing multiple items to be sold as one unit.
• Establishes consistent pricing: Applies standardized prices, including discounts or premiums, for items sold as a bundle.
• Eliminates pre-assembly: Removes the need to assemble kits in advance, saving time and storage space.
• Simplifies demand forecasting: Eases inventory management by eliminating the need to predict kit sales versus individual component sales.

Accessing Inventory Kits

The Inventory Kits feature can be found under the Settings tab.

Creating Inventory Kits

Before creating an inventory kit, ensure that each component of the kit is set up as an individual inventory item. For more information on creating inventory items, see the Inventory Items guide.

To create a new inventory kit:

1. Navigate to the Inventory Kits section under Settings.
2. Click the New Inventory Kit button.

3. Enter the details for the kit, including the name and the components that make up the kit.
4. Save the kit.

Using Inventory Kits in Transactions

Once defined, an inventory kit functions like an inventory item in sales-related transactions. When you sell an inventory kit:

• The kit itself does not need to be tracked in stock counts since it doesn't exist as a separate physical item.
• Only the individual components are deducted from your inventory.
• Stock levels of the components are automatically adjusted based on the quantities specified in the kit.

This approach streamlines the sales process and inventory management, allowing you to offer bundled products without the complexities of managing additional stock items.