Inventory Process and Out of Stocks
Monday, September 8th, 2008One of my main jobs here at Shavonne is inventory. We get a lot of calls with questions about why items are out of stock. When we give our answer trying to explain why, some are still confused as to why their item was not shipped. I am going to explain our inventory process and hopefully this will help you to understand.
First I want to let you know about inventory coming in. When we receive a shipment from the factory to restock our inventory it has to go through several steps before it is ever put online to be available for purchase. All merchandise must be opened, counted, written up on an inventory sheet, and then added to inventory to update the website. While this may sound simple, trust me, it turns into a very lengthy process when you take into consideration that we are inspecting the merchandise for color variations, size discrepancies, defects in the finish, defects in the cut of the stones, and looking at the overall appearance of the item. Only after this process is finished will the merchandise be available online for your purchase. Sometimes we have to reject items that are just not up to the quality standards we have. This will put that item back on reorder making it out of stock for another six to eight weeks. Check back on the site regularly for updates on your favorite styles or use your wish list to keep up with styles you want to check on.
Our inventory system is set up to automatically adjust inventory for the items ordered online. We do have wholesalers who order by fax or email and these orders have to be manually deducted from inventory after they are pulled. I do inventory updates daily to try to avoid out of stocks.
From time to time you will have an out of stock item on your order. We always stress first-in first-out, all orders are arranged on a clipboard by time and date, first one in is the first one out. Retail orders are filled from the same stock as wholesale orders. A retail order may have been phoned in right before you placed your order and snagged up the last item available creating another possibility of why your item is out of stock.
We also offer a win-win program to all level 3, 4, and 5 wholesalers. These orders are being pulled at the same time as all other orders. Win-win orders have to be manually deducted from inventory also. This plays a role in out of stock items. On win-wins if there is not a full size range or low stock on items we try not to pull those items. If it is a popular style however, it is necessary to put the item in the order because this program is based upon popular styles and sizes.
I hope this helps explain why out of stocks are sometimes unavoidable. I strive to keep inventory up to date on a daily basis to avoid this situation and make sure your merchandise is available when you need it. Please feel free to comment or ask any questions you may have. Always remember “It’s a great day at Shavonne!”
