The document outlines options for managing inventory using Xero, highlighting two types: untracked and tracked inventory. It details the suitability of each option based on business needs, such as the volume of stock and complexity of ordering. Additionally, it emphasizes the importance of assessing future growth and engaging staff for effective inventory management.

1. Inventory
MADE SIMPLE WITH
XERO

2. Inventory
So, I've got Xero, how do I know how
to manage my inventory?
Should I do it in Xero? Or use an add-
on?
TRY ONE OF THESE CHOICES

3. XERO
U N T R A C K E D I N V E N T O R Y
Stock Nature The technical The business
Less than 100 items
Can be used to track
services lines
Suited to ad hoc,
custom inventory
No capacity to track
multiple locations
No photographs in Xero to
identify stock
Journals are not posted to
record COGS, shrinkage
May create custom pieces
Can report categories of
items sold
Does not carry a high
volume of stock requiring
stocktakes

4. XERO
T R A C K E D I N V E N T O R Y
Stock Nature The technical The business
Less than 100 items
Limited number of
suppliers
Product lines are changed
infrequently
No capacity to track
multiple locations
No photographs in Xero to
identify stock
All stock journals are
automated
Business does not create
custom items
Lower frequency of
transactions
No requirement for POS
style receipts

5. VEND
P O S W I T H T R A C K E D I N V E N T O R Y
Stock Nature The technical The business
High volume of stock
High turnover of stock
Retail stock, can also track
services
Multi locations
Pricing tiers and loyalty
enabled
Register based
Shallow integration
Uses a retail environment
Needs stocktaking
capability
Needs an all round
purchase ordering,
inventory and POS

6. UNLEASHED
I N V E N T O R Y M A N A G E M E N T
Stock Nature The technical The business
High volume of stock
High turnover of stock
Complex ordering or
Inventory management
Multi locations
Posts sales, purchases and
stock adjustments as they
occur
High reporting
functionality
Complex wholesalers
Businesses selling stocks
using different unit
measurements
Offers pricing tiers

7. NEXT STEP
Do a stocktake Future plan An informed choice
How many line items?
How many transactions?
Identify your 5 trickiest
customers and suppliers
How big do you want to
grow?
Think new channels,
markets and products
Ask questions
Get staff engagement
Get on with it.
I N V E N T O R Y M A N A G E M E N T

8. BUSINESS ADVISORS
(03) 9028 4005
www.brambleandbriar.com.au
cloud integration | cfo advisory