E-Commerce & Online Business · Intermediate level

Intermediate level · Module 3: Inventory and Order Management · Lesson 1 of 3

Inventory Tracking

Know what is in stock and when to reorder.

In this lesson you will

  • Keep stock records accurate
  • Set reorder points

Key concepts

stock countsstore inventory syncreorder pointsupplier lead time

The lesson

Keep store stock in sync with physical stock; count regularly and correct differences.

Set reorder points: daily sales × supplier lead time + a safety buffer.

Watch bestsellers closely; stock-outs lose sales and customers.

Step by step

  1. Count stock.
  2. Sync the store.
  3. Calculate reorder points.
  4. Set alerts.

Practice activity

Set up inventory tracking and reorder points.

Expected result: Accurate stock with reorder points.

Check your understanding

  1. How is a reorder point calculated?

    Show answer

    Daily sales × lead time + buffer.

  2. Why watch bestsellers closely?

    Show answer

    Stock-outs lose sales and customers.

Taught live by an instructor — online or in person. Free course lessons are for self-study and do not lead to a certificate — see registration options.