Configurations made to the inventory table that is saved and stored for future use in analyzing product performance.

See which of my product variants are currently overstocked.

See which of my product variants are currently out of stock.

See which of my product variants are currently running low

See which of my product variants currently have no sales over the past 30 days.

See the new product variants you’ve created through Genie, and which have been created in Shopify in the last 30 days.

See which of my product variants do not have suppliers linked to them in Genie

See which of my product variants currently are mislabeled as archived, or I’m no longer selling, but still have stock of.

See a full view of my stock on hand by product.

See which of my product variants are to run out in the next 7 days.

See which of my product variants are to run out in the next 30 days.

See which of my product variants are to run out in the next 60 days.

See which of my product variants do not have unit costs defined in Shopify.

A threshold set to ensure you are re-ordering at the right time to avoid stockouts and stock gaps.

When you have no units left of a specific product or variants in stock to sell to customers.

A threshold set to help avoid overordering and tying up too much capital in products/variants.

A gap in in-stock units caused by a stockout that happens before a new shipment of units is set to arrive.

Ex. A brand has 20 units left of socks and will be stocking out in 4 days, however, there is an order coming in 6 days. The 2 days between the stockout date and the arrival date of the order is the stock gap.

The variants under the product

Average sales

Total cost value

Total retail value

Total on-hand amounts

Tags

Product-level settings refer to the settings within the product detail page. These settings override global settings to allow you to configure lead times, stock buffers, and running low and overstocked thresholds on an individual product basis.

The invested capital is tied up in products that aren’t selling/haven’t sold over a specific period.

The invested capital tied up in overstocked products.

The cumulative capital invested in your inventory as a whole.

The cumulative price that your products can be sold at on the market

By default, Genie will sync your data every day at 12 AM EST. However, you can manually sync your data at any point in between. This means you can ensure that your sales are accounted for, or that any changes made to products are reflected in Genie. It would be the equivalent of reloading a webpage.

These are settings you can apply/change when onboarding or within your settings tab. They do exactly what they say. Global insight settings are applicable to every product in Genie and dictate the kind of status, average daily sales, and stockout dates you see. These settings include

Average daily sales refers to the average of all your sales over a specific period.

Ex. if a product sells 5 units per day over a 30 day period the average would be 5. However, if it sells 5 each day for the first 15 days, and 10 each day for the remaining 15 days, the new average daily sales would be 7.5.

Grading is a type of insight that Genie generates based on what you choose within your insight settings. This allows you to get a sense of performance at a glance.

Ex. if you choose to grade based on “Sales Revenue” over a 30 day period you can adjust the weight values so that products that contribute to 80% of your sales with be grade A, 15% would be grade B, and the remaining 5% would be grade C.

Stock level refers to the unit quantities you have on hand at any time.

Lead time refers to the time it takes from when you submit a purchase order to a supplier to when you receive the order at your warehouse/storage.

Stock buffer, AKA safety stock, is the minimum amount of stock you would like to keep on hand to prevent stocking out before you’re able to order new stock. When setting this value you want to consider how much the product is selling and how long your lead time is for that specific supplier.

These are products you don’t want to include in your analysis, as well as insights generated by Genie. This would apply to gift cards, package protection, discontinued products, etc. While these products are removed from view and insights, they aren’t actually removed from your instance. This means that if you choose to reinclude them you won’t miss out on any of the data they have accumulated. It’s almost like they never left.

Bundle mappings are Genie’s way of ensuring your sales are properly attributed to your products. Ex. if you sell a sleep set bundle with socks, sweats, and a t-shirt Genie will ensure that when a set sells the stock levels for each component product are properly attributed back to the correct socks, sweats, and t-shirt.

Locations are used in Genie to sync your unit quantities for your products/variants. You cannot create or delete locations in Genie, this is something that can only be updated in Shopify. However, you can sync and un-sync locations which allows you to specify the units you’d like Genie to track.

You can associate products with any of your suppliers. These relationships open additional options for setting lead times, SKUs, unit costs, and more. Variant supplier relationships make creating POs more efficient and will allow you to override global insight settings.

This report provides a snapshot of your inventory highlighting the products that are about to stock out.

This report provides a snapshot of your inventory highlighting what products are selling better than usual over a period of time.

This report provides a snapshot of your inventory highlighting what products that have gone out of stock in this period.

This report provides a snapshot of your inventory highlighting what products haven’t had any sales in this period.

Provides a snapshot of your inventory with all of their cost values included to get an idea of the value of all products (active, draft, archived, and deleted).

Provides a snapshot of your inventory with all of their costs included to give you an idea of the value of all active products

Purchase orders (PO) are legally binding documents that a buyer sends to a seller to authorize a purchase of items.

PO statuses are states in which you can set the order to in Genie that affect the insights you see throughout the app.

This status means the order is not ready to go out and does not produce insights for associated products. PO is Closed.

This status means the order is ready and has been shared with the supplier and will now show/update insights for the associated products within the inventory table, dashboard, and PO table. PO is Open.

Now the PO is being worked on. This stage is effectively the same as Sent to Supplier and will produce insights for associated products within the inventory table, dashboard, and PO table. PO is Open.

This status indicates that the order has been completed and all products have arrived. Setting this status will remove all insights generated by the PO. PO is Closed.

Setting this status means that you have only received part of your order and there is more to come. This will require you to update the shipments to show what products have arrived. The PO will continue to display insights into the remaining products. PO is Open.

Canceled indicates that the order is no longer needed. No insights are generated. PO is Closed.

Additional costs

Currency conversion

Discounts

Currency Information

The cost for a product that includes all additional costs and discounts. Helps understand how much you spend procuring inventory.

When you receive a PO shipment this means you now have the units in your warehouse/storage. In Genie, this means you will have the option of updating the units automatically or manually. Once units have been updated the status of the PO should also be changed to “Partically” or Fully” Received.