Glossary Term
Inventory
The raw materials, work-in-process goods, and finished products that a business keeps on hand to meet customer demand.
Your Business’s Biggest Asset
Inventory is money sitting on a shelf. For e-commerce sellers, the goal is "Inventory Turnover"””the speed at which you sell out and restock. Having too much inventory leads to high storage fees, while having too little leads to "Stockouts" and lost search rankings.
The Importance of Inventory Accuracy
You can’t manage what you can’t track. Using scannable, accurate FNSKU labels is the only way to ensure your digital inventory (on Seller Central) matches the physical boxes in the warehouse. Labeling errors are the #1 cause of "Inventory Shrinkage" (lost items).
- Balance stock levels to maintain a healthy IPI score.
- Track aging inventory to avoid long-term storage fees.
- Use real-time data to forecast your next restock shipment.