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Keeping balanced inventory levels and a healthy overall inventory position on AMZ is necessary for the success of your business. An essential piece of inventory management is spotting your business goals and clearly defining what you are attempting to accomplish.
Whether you’re restocking top-performing goods, coming up with selling a strategy to work through overstocked or stale inventory, or developing new items, for instance, will influence your actions. This blog post highlights must-know Seller Central inventory reports to help spill the light on your stock management standings, including particular areas at risk or that are working optimally.
What Is an Inventory Report?
An inventory report is a summary of all goods you have available for sale to clients on Amazon. AMZ Inventory Reports include the SKU, quantity, price, and ASIN for the current offers. You may use the Inventory Report to reconcile your Amazon report listings with your own records and the available stock.
Decoding the Inventory Reports
So, what exactly is included in your inventory report? While this kind of stock reporting and analysis might seem tedious to some, sellers must know exactly what occupies the warehouse space to accurately plan selling schedules. The three main aspects inventory reports should include are:
- Inventory list
It’s a rundown of all the items currently in stock. Most reports have an SKU number, brief item description, and more information – the more details, the better. It is necessary to also include a product that might no longer be in stock to track how past goods performed.
- Price
Adding the price of goods to the stock reports is essential as it allows tracking the return from each product. Every business is different, and you may decide to add the production price, the selling price, or even the profit price. Most inventory reports have this information for a bigger picture of stock results.
- Stock Status
This point refers to how much of a particular inventory product is left in stock. The number may refer to individual products or boxes of products depending on the category. Monitoring stock status is a proper starting point for building complex inventory management approaches.
With the above info in hand, sellers can analyze how current stock levels relate to customer demand, how much is spent on storage in Amazon facilities and private warehouses, and how client demand influences product supply. Without this general knowledge of how your goods are performing monthly or weekly, merchants can quickly lose sight of where items are going, how they are holding up in the market, and how to properly adjust their operations.
Types of Amazon Inventory Reports
There are different types of reports on Amazon — to be exact, 14 inventory reports. Some of them are more critical than others at certain moments, like analyzing your Daily Inventory report if you are thinking of offering a trending or seasonal item or checking with the Stranded Stock reports for when you should handle fee-earning non-active report Amazon listings.
However, there are some stock reports that most merchants may use regularly. So let’s take a closer look at them.
Active Listings reports
It shows you information about all the goods listed on AMZ the moment you download the report. Thus, it’s a rundown of the currently listed items.
This active listings report also contains product pages with zero quantity. As it is an active product listing report, it only features active listings – not blocked or inactive ones. You can also use such reports to ensure a product is listed properly and available to purchase on the platform.
Inactive Listings reports
Well, it’s the same, but opposite, to your Active Listings report. Instead of getting info on all live report Amazon listings you have in the marketplace, you will see the same details for inactive ones.
Canceled Listings reports
If you wish to check product listings that AMZ has canceled (not you and not products that have sold out), it is the report you will want to download. This report helps sellers look at all their listings the platform has blocked or made inactive.
It is useful for apparent reasons: you may quickly spot which pages are inactive and either handle the issue or delete the listing completely.
In addition, it is another excellent tool for effectively running your AMZ account, allowing you to fix problems promptly and get your product back on sale.
Referral Fee Preview reports
This summary contains the estimated referral fee depending on your price for every available product listing. It’s a rundown of your open pages, pricing, and estimated referral commissions for each SKU. Additional selling commissions, including closing fees, apply once your product is sold. Such a referral fee is exclusive of the 15% service tax. Besides, referral fees do not include gift wrapping or shipping expenses applicable at purchase.
Open Listings reports
It includes detailed info about the current open report of Amazon listings available for buying at the moment this report is generated. It’s similar to the Active Listings reports. However, an essential difference is that this report doesn’t show pages with a quantity of zero (0).
It will contain the SKU’s current sale price and quantity of the product at the time the report is run. Open Listings report helps fix any inconsistencies in the quantity and pricing of your stock.
Sold Listings reports
It includes any products sold via the AMZ website (orders fulfilled by the merchant and not Fulfillment by AMZ). You may request reports for pages sold in the past 7, 15, 30, or 60 days. Such reports only contain orders for merchant-fulfilled channels. Sales handled by FBA won’t appear here.
Amazon Fulfilled Inventory reports
While not all merchants utilize Fulfilled by Amazon (FBA), most do, and this stock report delivers valuable information on your FBA pages. In addition, it shows an almost real-time summary of your stock in the platform’s fulfillment centers when the reports are downloaded.
It also indicates the actual condition of your item in the warehouse and the quantity of the available merchandise.
Suppressed Listing and Listing Quality reports
Have you ever had a product listing suddenly suppressed without any obvious reason? It is likely due to a significant-quality issue with your listing. In turn, these reports will guide you in handling those issues and reactivating your listing.
AMZ constantly researches each live listing in its system to ensure a user-friendly shopping platform. The marketplace considers pages with complete product information, including categories, titles up to 80 characters, and images, to be perfect.
Such listings boose the purchasing experience by making it simpler for clients to locate, evaluate, and buy goods. Thus, Amazon hides listings that don’t meet specific standards from searches. They are considered suppressed pages. The client won’t be able to discover your listing in the AMZ search if it’s suppressed.
The common reasons for Amazon’s suppression included invalid values, incorrect details, or missing information. The platform will suppress your listing from browsing and searches until you provide valid and complete product information.
Pro Tip: Use SellerSonar to stay aware of the slightest alterations in your Amazon environment. With its smart 24/7 notifications, you will be alerted about product suppressions, listings changes, and out-of-stock situations. Thus, you can fix the issue immediately and protect your sales and reputation.
How to Find and Download Inventory Reports?
You will need to log into your Seller Central profile for all inventory reports. At the top of your page, hover over Inventory and choose Inventory Reports. You can choose the reports from this section from the Select Report Type dropdown menu. The final file will be in a .txt format, so utilize a tool like Excel or Notepad to open and check it.
To download your report:
- Login > Go to ‘Inventory’ > ‘Inventory Reports.
- Choose ‘Select Report Type’ > Pick the Report type you need.
- Choose ‘Request Report’ and wait until it gets loaded in the Check Report Status Tab.
- Choose ‘Download’ once your reports are generated.
Report on Inventory: Final Thoughts
Data is the core of your success in the Amazon marketplace. There is no doubt new merchants may face difficulties unpacking large stock reports. However, these statistics are vital to growing your AMZ business and shouldn’t be ignored. If you are an FBA seller, you will get even more granular details and data about your inventory and listings. It is great for managing your sales velocity and handling your stock management. It’s all crucial because running out of stock will drastically reduce your likelihood of winning the Buy Box and lower sales.
This article requires you to be systematic and thorough, but do not forget about other aspects of your business, for instance, listings monitoring to protect your sales. Luckily, SellerSonar runs in the background as soon as you have set it up, freeing up all the time in the world for you to safeguard your brand and concentrate on expanding your business.
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