Amazon Inventory Report is an essential resource that provides detailed insights into your stock levels, helping you manage inventory effectively. They help sellers avoid costly storage fees, prevent stockouts, and maintain a strong reputation on Amazon.
Are you struggling to optimize your inventory or make strategic decisions? This blog offers a step-by-step guide to accessing, interpreting, downloading, and leveraging amazon inventory Reports to enhance sales and boost business performance. We’ll also talk about the most common types of inventory reports and tips for optimizing inventory based on reports. Ready to take control of your inventory and boost your sales? Keep reading!
An Amazon Inventory Report is essentially a detailed summary of all the items listed on Amazon by a seller. Accessible only to professional sellers, it includes necessary identifiers like:
Below, we have added steps to access Amazon inventory report in Seller Central. Please read.
Go to Amazon Seller Central and enter your credentials to log in.
Once logged in, locate the "Reports" or “Inventory” tab in the top navigation menu. Hover over it to view a dropdown menu.
From the dropdown menu under "Reports," click on "Fulfillment" to access inventory-related reports.
On the Fulfillment Reports page, find the "Inventory" section on the left sidebar or main page. Click on "Inventory Reports."
In the Inventory Reports section, use the dropdown menu to select the desired report type, such as:
If you’re managing your Amazon business, downloading different inventory reports is crucial for monitoring stock levels, sales trends, and overall performance. Below are the detailed steps to download inventory reports from both Vendor Central and Seller Central.
By following these steps, you can access detailed inventory data tailored to your business needs, ensuring efficient stock management and smoother operations.
Interpreting an Amazon Inventory Report requires an understanding of specific key elements within the report. These include indicators like Inventory List details, which handle product identification, pricing information to assess profitability, and Stock Status to prevent overselling or stockouts. It's important to remember that interpretation and subsequent strategy development largely depend on individual business goals, industry dynamics, and market conditions.
The Inventory List forms an important aspect of Amazon Inventory Reports. It serves as a comprehensive snapshot detailing all products currently in stock. Here are the main elements:
These parameters together equip sellers with a clear overview of their product range and available stock.
The 'Price' section in the Amazon Inventory Report indicates the cost at which your products are listed on the Amazon marketplace. It is a critical marker influencing customer purchase decisions, profit margins, and competitive positioning. Thus, constant monitoring of the pricing information allows sellers to observe market trends, adjust prices when necessary, and maintain a competitive advantagе. Within this section, Amazon also provides information on any promotional discounts applicable to the listings, vital for strategic sales planning during promotional events and festive seasons.
Stock Status serves as an essential indicator of your inventory management efficiency. It gives you insights into how much of a particular product remains in stock and helps in avoiding overstocks or stockouts. Here are a few things it includes:
Regular assessment of the stock status aids in effective inventory planning and ensures seamless product availability.
Amazon provides an extensive range of inventory reports to meet various analytic requirements of sellers. These reports help track order details, sales trends, inventory health, and even customer returns, providing holistic insights into your business.
Some commonly used ones include the Active Listings Report, Canceled Listings Report, Inventory Health Report, Fulfilled by Amazon (FBA) Inventory Report, Restock Inventory Report, and Suppressed Listing and Listing Quality Report, each dedicated to providing distinct yet vital data about your inventory.
The Active Listings Report provides a detailed overview of all the active product listings on your Amazon Seller account. This report is a valuable resource to track the performance of individual listings. It aids in identifying top-performing products as well as listings that may require optimization or additional promotion. It also includes data like fulfillment channels indicating whether the product is fulfilled by Amazon (FBA) or the seller (FBM), helping sellers manage their inventory across different fulfillment methods.
To manage listings effectively, it's important to monitor the listings that were once active but got canceled. The Canceled Listings Report is crucial in this regard and can be specifically requested from Amazon. It encompasses the listings that Amazon has canceled for various reasons. By monitoring this report, sellers can identify potential issues causing cancellation and rectify them promptly. For instance, it might be due to a policy violation or poor sales performance forcing Amazon to remove the listing. The insights gathered from this report provide excellent groundwork for formulating effective marketing strategies and ensuring optimal inventory management.
The Inventory Health Report offers information on the health of your inventory at both SKU and ASIN levels. It includes details such as weeks of cover, sell-through rates, sales rank, and more, which allow you to assess product performance. Further, it includes data on long-term storage fees and stranded inventory, assisting you in making informed decisions to manage your inventory effectively and cost-efficiently.
For sellers enrolled in Amazon's FBA program, the Fulfilled by Amazon (FBA) Inventory Report provides comprehensive details of all the products sold under the Amazon FBA program. This analysis helps track and manage inventory at Amazon's fulfillment centers effectively. It offers real-time snapshots into inventory levels and insights into inventory movement, ensuring optimal stock levels and timely replenishment. This report aids in strategic planning for efficient inventory management, helping prevent overstocking and minimizing storage fees, thereby enhancing profitability.
The Restock Inventory Report is a valuable resource for sellers as it helps predict future demand and guide restocking schedules. Amazon generates this report based on historical sales data and active subscriptions, providing an eight-week forecast of indeed projected sales. Besides, it also includes a recommendation on what and when to replenish. Regularly monitoring this report enables businesses to optimize their inventory levels, avoid potential out-of-stock situations, and meet customer demand efficiently, which eventually leads to improved Order Defect Rate (ODR).
The Suppressed Listing and Listing Quality Report identifies listings with quality issues that prevent them from being live on Amazon. It contains all the listings suppressed or deactivated due to reasons such as missing crucial information, using prohibited words, or breaching certain listing regulations. Also, it provides the reason for suppression along with suggested actions to correct those issues and reactivate the listing. Regular review of this report helps maintain the quality of product listings, ensures compliance with Amazon’s listing policies, and optimizes the visibility of your products.
Optimizing inventory relies mostly upon accurately interpreting and utilizing information from the Inventory Reports. Implement relevant adjustments based on insights from these reports, such as aligning stock levels with demand trends, adjusting pricing strategies according to market dynamics, or fixing suppressed listings. Ensuring accurate and complete listing information, managing old and slow-moving stock, and regular reviewing of various inventory reports form an integral part of a comprehensive inventory management strategy.
The Amazon Inventory Reports provide crucial insights that can be used to strategically adjust prices and dispatch latency. Observe the data trends in the Active Listings Report, gauge market dynamics and competitor pricing, and, accordingly, adapt your product pricing to remain competitive and profitable.
Moreover, efficient management of dispatch latency times based on observed trends from your inventory reports can help improve order fulfillment times, resulting in enhanced customer satisfaction. Successful implementation of bulk editing can be a powerful tactic to respond quickly to market changes and gain a competitive edge. Remember to adopt a data-driven approach when making these changes and measure corresponding outcomes for further optimization.
Poorly performing or slow-moving stock not only ties up your financial resources but can also incur additional long-term storage costs. Using your Inventory Health Report, you can:
Employing these tactics based on insights from your inventory reports can significantly improve the overall health and profitability of your inventory.
Maintaining accurate and complete listing information is vital for product visibility, conversion rates, and customer satisfaction. The Suppressed Listing and Listing Quality Report identifies any listings suppressed due to missing or incorrect information. Regularly reviewing this report allows timely rectification of such issues, and ensures that all necessary information like SKU, ASIN, product description, price, and inventory quantity is accurately represented.
Moreover, the completeness and accuracy of product listings have a direct impact on Amazon SEO, thereby improving product visibility. Thus, regular audits and timely updates of product listings based on insights from these reports are an efficient way to optimize your inventory and maximize sales.
Are you struggling to keep your inventory optimized and sales steady? At beBold Digital, we go beyond the basics and offer comprehensive inventory management solutions as part of your overall Amazon account strategy. From supply chain optimization to real-time inventory monitoring, we ensure you’re never overstocked or out of stock.
With our expertise, you can maximize the potential of Amazon Inventory Reports, avoid stockouts, and seize every sales opportunity. Ready to take control of your inventory and boost your sales? Contact us today!
Effectively managing inventory is a critical factor in determining the success of sellers on Amazon. With the ecommerce giant providing varied and detailed Inventory Reports inside Seller Central, sellers are better equipped than ever to make informed decisions, adjust strategies, and optimize performance. These reports offer honest, real-time snapshots and crucial insights into various inventory aspects like active and canceled listings, inventory health, restocking requirements, and more.
Regular monitoring of these reports aligned with strategic execution can lead to improved demand forecasting, efficient stock management, higher sales, and increased profitability. Implementation of recommendations based on these reports will lead to an optimized inventory, increasing your chances of achieving business objectives and driving sustainable growth on Amazon.
Regular review of Amazon Inventory Reports is crucial for efficient inventory management. Ideally, reports should be reviewed weekly for general oversight. However, during peak seasons or times of high demand, daily reviews may be necessary to manage stock levels effectively and prevent stockouts.
Yes, Amazon Inventory Reports can be downloaded in Microsoft Excel format or as a flat file. When requesting a report in Seller Central, select the '.csv' option. The '.csv' file format is easily imported into Excel or any other spreadsheet software for further analysis.
Amazon doesn't currently offer a feature to set up automated notifications for inventory reports. However, regular monitoring of your Seller Central dashboard combined with the use of Amazon MWS API can help you track changes and respond quickly to inventory-related updates.
Yes, multiple tools are available that integrate with Amazon's MWS to offer insights into inventory data. beBOLD Digital, an Amazon Advertising Agency, can provide comprehensive support with its expertise in managing and analyzing Amazon Inventory Reports and provide additional resources to drive improved business outcomes.