Inventory management
Inventory management is keeping track of how much of each product is in stock and what changed it.
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Explanation
Stock moves with sales, purchases, returns and stocktakes. It is good practice to keep not only the current count but a log of movements too.
For an online shop, accurate stock stops selling something that has already run out.
How HelloTeam does it
HelloTeam's Products module logs every stock change, records a stocktake as the difference, returns a cancelled order's stock once, and product variants (size, colour) keep their own stock.
Module: Products (€4.90 / month).