What is Fulfillable Quantity?
The Fulfillable Quantity measure represents the total quantity of items within orders that can be fulfilled (shipped to customers). This measure ensures merchants have an accurate understanding of items that are ready and eligible to be shipped based on current stock levels and order requirements.
This measure is essential for tracking operational efficiency, especially when managing order fulfillment processes, stock levels, and customer satisfaction.
Practical Example of Fulfillable Quantity
Consider the following scenario:
- Order 1: 5 units ordered, 5 units fulfillable.
- Order 2: 10 units ordered, 8 units fulfillable due to limited stock.
- Order 3: 7 units ordered, 7 units fulfillable.
Fulfillable Quantity = 5 + 8 + 7 = 20 units.
This measure gives merchants real-time insights into how many units are ready for fulfillment, allowing them to plan shipping schedules accordingly.
Why This Matters to Your Business
- Operational Clarity:
Helps merchants monitor the readiness of their stock to meet customer demand, improving order processing speed. - Inventory Management:
Offers visibility into stock levels for order fulfillment, enabling merchants to avoid over-promising and under-delivering to customers. - Customer Satisfaction:
Ensures customers receive accurate order updates, fostering trust and reliability in the business.
How Does Fulfillable Quantity Help Merchants?
- Order Fulfillment Efficiency:
Provides insights into orders that can be fulfilled immediately, helping businesses streamline their logistics and shipping operations. - Stock Shortfall Identification:
Highlights any discrepancies between order quantities and fulfillable quantities, allowing merchants to address stock shortages proactively. - Accurate Reporting:
Ensures fulfillment reports reflect real-time readiness, helping merchants communicate accurate timelines to customers.
Why is Fulfillable Quantity Even More Powerful When Combined with Other Measures?
- With Ordered Quantity:
Enables merchants to compare total order demand with items that can be fulfilled, highlighting potential stock shortages. - With Non-Fulfillable Quantity:
Provides a complete view of stock availability, helping merchants prioritize restocking for high-demand items. - With Unfulfilled Quantity:
Offers insights into items that require urgent restocking to meet customer demand. - With Current Quantity:
Helps merchants ensure that stock availability aligns with the fulfillable quantity for seamless order processing.
Analyzing Fulfillable Quantity with Different Dimensions
Merchants can break down this measure across:
- Product Categories: To understand fulfillable quantities for specific product types.
- Regions: To track fulfillable quantities across different locations or distribution centers.
- Order Channels: To compare fulfillable quantities for online and in-store sales.
Why Include Fulfillable Quantity in Dashboards?
- Order Management: Helps merchants prioritize and fulfill orders efficiently.
- Customer Trust: Provides accurate stock availability to ensure reliable order fulfillment.
- Inventory Insights: Keeps stock levels aligned with customer demand, avoiding overstock or understock situations.