Multi Source Inventory (MSI) is the outstanding feature of Magento 2.3.0 version. With the support of Magento 2 MSI, it is easier for the store merchants to control their single or multi-channel inventories and sale channels. MSI is designed to assist merchant stores in managing their multi sources of inventory and sales channels from the Magento 2 admin panel. Multi Source Inventory (MSI) is a huge leap of Magento 2 which dramatically improves inventory management regardless of the customers and warehouse locations, the type of the product or sales channels.
To make the best use of Magento 2 MSI, you need to follow the given below steps:
As the primary element of the new inventory, a source represents a physical place where the product is located. This location may be a warehouse, brick-and-mortar store, drop shippers, or distribution centers. Store owners are allowed to add a new source and set the quantity of the available products for every single source.
Stores > Inventory > Source
Then enter the specific contact information and the address of the source into Contact Info section and Address Data section.
Note: Country and Postcode are required fields.
Stocks map a sales channel to source locations and available inventory. In Magento 2.3.0, the sales channels are limited to only Magento websites. A stock can be assigned to multiple websites, while each sale channel can be connected to only one stock.
Stores > Inventory > Stocks.
Now, let see how you can attach sources to products!
Catalog > Products
After you save the configuration, it gets shown as below:
Here you can easily define the quantity, the stock status, and modify the default admin threshold for the low stock notification.
Different from the previous versions of Magento 2, when the customer places an order in Magento 2.3.0, the salable quantity will decrease while the number of products does not change. The quantity of product decreases only after fulfilling the shipment.
The search selection algorithm uses data about customers, products, addresses, stock, sources, and order’s delivery location to help the merchant determine which source order can be shipped most efficiently with the highest product margin.
Above is the detail instruction of how to implement Multi Source Inventory (MSI) in Magento 2. If you have questions on any steps, don’t hesitate to contact us. Overall, MSI has an excellent ability to connect sources to the store and use the search selection algorithm to select a source depending on various conditions. It is a great way to optimize the efficiency of delivery. If you are looking for the solutions for the inventory management, let Magento 2 Product Feed and Magento Mass Product Actions are the excellent solutions for you! Let grow with us to rocket your sales and accelerate your profit based on cutting-edge technologies!
It comes to the end of the tutorial: An Ultimate Guide: Multi Source Inventory (MSI) In Magento 2.
Posted by Jacker in Magento 2 Tutorials . May 28, 2019