Products are items that you rent and sell to your customers. You might refer to products as kit, gear, items, stock, inventory, SKUs, or assets.
When you set up a product, you can:
- Keep track of how many units of a product you have available
- Set up how you charge for a product
- Get a complete history of a bit of kit – when was it was rented and who’s rented it
- Generate barcode labels
- Track items that are damaged or lost using the quarantine
- Link products together using accessories and serialized containers
- Manage stock in multiple locations using stores
Stock levels
In Current RMS, we make a distinction between products and stock levels. Stock levels belong to products. They are the physical units of the kit that you have.
For example, you might rent a MacBook Pro – this is the product. You can add general product attributes to this, such as the weight and replacement charge. Stock levels are the MacBook Pros that you hold, e.g. MBP-001, MBP-002, MBP-003.
You’d quote your customer for a product, then allocate an asset later on.