Dizlog's new feature allows you to sell with negative stock typically refers to a situation where a business allows the sale of items even if the available inventory for that particular item is technically in the negative, meaning there is a deficit or shortage of stock.
While it is possible for businesses to make sales with negative stock, it is generally not recommended. Here are a few reasons why:
Inaccurate inventory records: Allowing sales with negative stock can lead to discrepancies between the recorded inventory levels and the actual physical stock. This can make it difficult to accurately track and manage inventory, leading to inventory management issues and potential stockouts.
Customer dissatisfaction: If a customer purchases an item that is listed as available but is actually out of stock, it can result in a poor customer experience. Customers may be disappointed or frustrated if they have to wait for the item to be restocked or if they are unable to get the item they intended to purchase.
Order fulfillment challenges: Selling with negative stock can create challenges in fulfilling orders, as there may not be enough stock available to meet customer demand. This can lead to delays in order processing or the need to partially fulfill orders, which can impact customer satisfaction and loyalty.
Financial implications: Allowing sales with negative stock can impact the financial health of the business. It can lead to inaccurate revenue and cost calculations, as well as potential loss of sales due to stockouts. Additionally, it may result in higher costs if rush orders or expedited shipping methods need to be used to fulfill orders that exceed available stock.
Question : Can I sell item / products with negative stock or no stock in hand?
Answer : Yes! even there's 0 stock in hand / negative stock, cashier will still be able to sell the item however the stocks will be negative amount.
You can still process orders just like an ordinary item with stocks, even with negative stock or no stock in hand.
To Enable Negative Stock Selling follow steps below:
Click " POS Setting " under Settings from the left pane of your Dashboard.
To enable Negative stock alert in POS Catalog, toggle on " Allow Negative Stock ".
Click " Save ".
Learn how to Sell with Negative Stock
Choose which feature you are using:
Sell Negative Stock in POS
A Negative Inventory Alert or Negative stock alert will popup, just click continue if you still want to sell with a negative stock.
Sell Negative Stock in POS
A Negative Inventory Alert or Negative stock alert will popup, just click continue if you still want to sell with a negative stock.
