Inventory Manager syncs directly with your Seller Central account to accurately predict how much stock you’ll need for your FBA business and when to order it.
Overview
Inventory Manager uses advanced demand forecasting technology to help you run the back end of your Amazon FBA business. It marks your products as Order Now, Reorder Soon, Overstock, and In Stock, and calculates the date and quantity you should order, as well as estimated costs and profits.
With Inventory Manager, you can assess when and how much stock to reorder based on real-time data from your Amazon FBA inventory, access additional inventory-level metrics (like revenue, cost, profit, etc.), monitor inbound inventory, and prevent stockouts.
Unlocking Inventory Manager
💡 Connect to Amazon → In order to use this feature, you need to connect your Seller Central account first. Please go over our 📘 Connect to Amazon → Adding your Seller Central Account to Jungle Scout article for step-by-step instructions on how to complete this process.
After completing this step, you’ll gain access to Inventory Manager plus all other additional seller features. Next, please ensure your ASINs are visible in the Product Costs & Settings panel. For information on this feature and instructions on how to hide or make your products visible please read the following articles:
- 📘 Product Costs & Settings → Feature Overview
- 📘 Product Costs & Settings → Entering your Cost of Goods (COGs) & Logistics Information
Once you connect Jungle Scout and Seller Central, you'll unlock Inventory Manager and other seller features.
Dashboard
- Sales History: Use the drop-down to select a timeframe
- Columns: There are 10 columns selected by default, but you can customize these options and select which information you want to see displayed in the table:
💡 Be sure to enter your unit costs, lead times, and re-order days of supply to get an accurate summary of your inventory performance. You can do this from the Product Costs & Settings menu. Once you've entered the costs, lead times, and re-order days of supply for your products, you'll enable the next section:
- Summary: The Summary Section gives you a quick snapshot of the value of your current inventory, total reorder cost, and total reorder profit. This will help you know how much you'll need for your entire inventory purchase and not just for single items!
⚠️Important!
If you added all the required information but still do not see the Inventory Status for your products, please check if you have the Average Daily Sales data. If there is no sales data for us to use, the Inventory Manager won't be able to apply a status for your products.
Inventory Calculations & Sales History
Now it's time to choose how many days of past sales you want us to use for inventory calculations. You can choose between 15, 30, 60, 90, or 120 days. This offers you the flexibility to determine what the right time frame to use is for each of your products or orders. You know your products best and their sales history.
The number of days you choose for Sales History will be averaged over the same number of days to calculate your Average Daily Sales. Average Daily sales will be used to determine when you will likely run out of stock as well as how much inventory you should order and when. So it's important to make sure you are using the best Sales History number for your product.
A shorter time frame, like 15 or even 30 days, will capture short-term trends.
A longer time frame, like 90 or 120 days, will smooth out spikes in sales a bit more.
If a holiday has just passed you would probably want to select a longer timeframe so that your average daily sales are not inflated which may cause you to over order.
Alternatively, if you were out of stock for several weeks during a long timeframe, your Average Daily Sales may be too low and cause you to underorder.
We recommend you check your sales history and choose a timeframe that most closely represents what you expect your sales to be for the time frame you are ordering for.
You can also use Sales Analytics to get a better picture so you can select the best Sales History timeframe.
In addition to the 10 columns enabled by default, there are several options you can select/de-select. You can customize your columns by clicking the arrow to expand the drop-down menu. Next, check or uncheck the metrics you want to see on your inventory summary.
These are the columns enabled by default:
- Preview
- ASIN
- SKU
- Product Title
- Inventory Status
- Date to Reorder
- Reorder Quantity
- Reorder Cost
- Reorder Profit
- Reorder Days of Supply
- Inventory Level
These are the additional metrics you can select:
- Inbound Level
- Inventory-Level Cost
- Inventory Level Profit
- Inventory Level Revenue
- Average Daily Sales
- Product Lead Time
- Days Remaining
- Sales History
- Average Profit Per Unit
Here's an example of the inventory summary you'll see:
Click the arrow next to the Product Image to access a snapshot of that product's inventory:
If you want a detailed explanation of each column and their corresponding formula, please make sure you read our article on 📖 Inventory Manager Metrics