Understanding the context is crucial for the effective operation of any business. It provides clarity on business performance and resource allocation. Similarly, Genie's global context feature provides valuable insights into the business.

However, Genie doesn't have all the answers, so this tutorial will provide background on each of the settings and some general numbers to get started. After we are done, users should have a clear understanding of current stock levels, items in transit, sales volumes, product grading, and inventory status.

Let's start by navigating to the settings within Genie and selecting Insight Settings. This action will lead to a page that looks like this:

Focus on the Stock level section of this page. Here, you'll find four configurable data points: Lead time, Stock buffer, Running low, and Overstocked.

Lead time represents the average number of days from placing a purchase order to receiving the products in the warehouse. The value entered here is an average, but it's possible to fine-tune it for specific suppliers later on.

Stock buffer refers to the safety stock level to maintain in Genie. It's a reserve of units or days' worth of sales to ensure there's always some stock on hand.

Move on to the 'Running low' and 'Overstocked' settings. These settings directly affect the inventory status, showing whether a product is overstocked, has healthy stock levels, running low, or has a stock gap.

The running low setting is a threshold that you set to ensure you don't run out of stock before having a chance to order more. Think of it as the "low fuel" indicator in a car.

Conversely, overstocked refers to a threshold in the opposite extreme, letting you know when you have too much of a given product.

Moving on to the Grading section. There are three components to grading: the calculation period, how products are graded, and the grading weight.

You can grade products based on sales revenue, profit, or sales quantity. After setting the calculation period and grading method, adjust which products will fall into A, B, or C by adjusting how much of each value corresponds to the amount of revenue, profit, or sales quantity they contribute.

This results in your products having a grade associated with them. Now, you can see your top performers at a glance.

Step 1: Start by adjusting the average lead time and stock buffer to 15 days. This should be a good middle ground for most suppliers and will ensure there's plenty of time to re-stock.

Step 2: Adjust the running low threshold to 45 days, and overstocked threshold to 120 days.

Step 3: Adjust your grading as you see fit. But bear in mind, if you adjust the grading settings it takes effect the following day.

Step 4: Save everything.

Step 5: Navigate to the inventory table and you should now see the new changes.

Your global insights give you a better understanding of everything from what's on hand to informing you when to order more stock. As users get more in tune with Genie, they can refine insights by associating products with suppliers and even going as deep as tailoring each product on an individual basis.