1. What is Current Quantity?
Current Quantity represents the quantity of products within an order that remains after any adjustments, such as returns, cancellations, or modifications. It reflects the actual count of items tied to an order, providing an accurate snapshot of order quantities in progress or awaiting fulfillment.
2. Value to Merchants
- Accurate Order Management:
Current Quantity ensures merchants can track the precise number of items associated with each order, minimizing errors in fulfillment or adjustments. - Improved Customer Service:
By knowing the exact state of order quantities, merchants can keep customers informed about their order status and reduce complaints. - Streamlined Operations:
Understanding order-level quantities helps merchants allocate resources effectively, especially during high-demand periods or for orders with pending fulfillment.
3. Why This Measure Matters to Your Business
AngularView calculates Current Quantity across multiple dimensions, offering actionable insights tailored to the merchant’s operational needs. For example:
- Current Quantity by Fulfillment Status: Identify orders with remaining quantities for prioritization.
- Current Quantity by Product Type: Pinpoint specific product categories with higher adjustments or unfulfilled quantities for strategic planning.
When combined with other measures, Current Quantity adds depth to operational insights:
- Current Quantity + Refundable Quantity: Highlight products in orders with high refundable quantities, signaling potential product or process issues.
- Current Quantity + Fulfillment Status: Gain a clear view of unfulfilled or pending items, ensuring timely resolution.
- Current Quantity + Line Value: Understand the financial impact of remaining items in an order, optimizing inventory and sales strategies.
4. How Current Quantity is Calculated
AngularView calculates Current Quantity as:Current Quantity=∑(Line Item Current Quantity)\text{Current Quantity} = \sum(\text{Line Item Current Quantity})Current Quantity=∑(Line Item Current Quantity)
Where Line Item Current Quantity represents the total number of units of a product in an order, adjusted for any removals, returns, or changes.
This measure is recalculated dynamically across dimensions such as time periods, product categories, or customer segments to provide detailed insights into ongoing operations.
5. Practical Example of Current Quantity in Action
A merchant analyzing Current Quantity by product category discovers that a specific category consistently has unfulfilled quantities in active orders. By combining this insight with fulfillment data, they identify a bottleneck in restocking this category. The merchant adjusts their inventory strategy to prevent future delays, improving operational efficiency and customer satisfaction.