Salable Quantity in Magento 2: What You Need to Know

If you are an online dealer who uses Magento 2, then you are probably familiar with the term “Saleable Quantity.” But what does that mean exactly, and why does it matter to your company?

In simple terms, Salable Quantity refers to the available quantity of a product that can be sold or allocated to customers across all sales channels, including online stores, physical stores, and marketplaces. It considers the stock quantity, the status of the product, and the quantity of the product that has been reserved for pending orders.

1. Why is Salable Quantity significant?
2. How is Salable Quantity calculated?
3. How to manage your Salable Quantity in Magento 2
4. Conclusion

Why is Salable Quantity significant?

Saleable quantity is a crucial feature of Magento 2, as it offers real-time visibility of stocks across multiple channels and locations. This allows traders to manage their inventory more effectively and avoid stock shortages and excessive sales. By having an accurate view of your Salable Quantity, you can avoid the frustrating experience for customers of finding out that the product they want to purchase is out of stock after they have already placed an order. This can lead to cancellations, reimbursements, and negative comments, damaging your reputation and results.
On the other hand, having a precise saleable quantity also allows you to maximize your sales possibilities by ensuring that the products are always available for purchase. You can deliver a better customer experience and increase revenue by avoiding inventory disruptions and overbooking.

How is Salable Quantity calculated?

The marketable quantity is calculated according to the quantity in stock and the product status. If a product is in stock and available for sale, its saleable quantity is the same as its quantity in stock. 

Additionally, the Salable Quantity considers the quantity of the product reserved for pending orders. This means that if a customer has placed an order for a product, but the order has not yet been fulfilled, then the quantity of that product will be deducted from the Salable Quantity until the order is fulfilled.

How to manage your Salable Quantity in Magento 2

Magento 2 provides various tools and features to help you manage your Salable Quantity effectively. Here are some tips:

1. Enable Salable Quantity: Ensure the Salable Quantity feature is enabled in your Magento 2 store. You can do this in the configuration parameters of the inventory.
2. Setting up stock sources: If you have several stock sources, such as warehouses or physical stores, you can configure each in Magento 2. This allows you to track your inventory levels across different locations and channels.
3. Use low stock notifications: Magento 2 allows you to configure notifications when the stock level of a product falls below a certain threshold. This can help you to manage your inventory and avoid stockouts.
4. Use backorders: If a product is out of stock, you can enable backorders in Magento 2. Clients can order the product even if it is not available. This can help you avoid losing sales and improve the customer experience.

Conclusion

In conclusion, Salable Quantity is a critical feature in Magento 2 that helps you avoid stockouts and overselling, ultimately providing a better customer experience. So take advantage of the tools and features Magento 2 offers to maximize your sales opportunities!