Introduction to Products and Services Modified on Fri, 11 Apr at 1:23 AM
Each product or service you buy, sell, or use in assembly must have a dedicated record in VentryHub. These records store essential details like pricing, suppliers, images, descriptions, and more. To start managing your inventory efficiently, add your products and services into VentryHub.
Prerequisites
Before adding products, ensure you've:
Set up locations
Configured accounts
Established tax rules
Set up suppliers (recommended)
Product and Service Permissions
Assign inventory permissions to grant users either full or read-only access to inventory features, such as creating or editing products, managing prices, and viewing stock values. You can also create roles with predefined permissions for easier user management.
Product and Measurement Settings
Configure default measurement units, set SKU naming patterns, and manage other product-related settings.
Adding Products and Services
VentryHub supports multiple product types:
Products: Physical items tracked in inventory.
Product Families: Variations of a product (e.g., shirts in various sizes/colors).
Services: Non-physical transactions, such as training or shipping.
Non-inventory Products: Items bought or sold without inventory tracking, like office supplies.
Gift Cards: Special payment method products.
When connecting for the first time, set initial stock quantities after adding products.
Creating Products and Services
Manually create products and services directly within VentryHub.
Set default values to streamline repetitive entries.
Importing Inventory Lists
Bulk import or update products via CSV, ideal for initial setup or migrating from another system.
Downloading from Integrations
Import products from sales channels or accounting systems such as Xero, QuickBooks Online, or Shopify.
VentryHub imports product data (excluding stock levels, except Fulfillment by Amazon). Perform a stocktake afterward.
Setting Prices
Define up to 10 pricing tiers per product, either manually or automatically calculated (e.g., percentage markup).
Assign custom pricing for specific customers, overriding standard prices.
Product and Carton Dimensions
Record product dimensions, weights, and measurement units (optional but necessary for fulfillment services).
Set carton dimensions to accurately manage overseas shipments and landed costs.
Configuring Suppliers
Link suppliers and prices to automate purchasing processes, such as dropshipping or restocking.
Adding Images
Upload images and attachments directly or via CSV links (e.g., Dropbox or Google Drive).
Images sync across connected sales channels.
Applying Discounts and Deals
Create custom discounts or markups for individual or grouped customers.
Build complex promotional deals to boost sales.
Additional Units of Measure
Specify multiple units per product, such as individual items or bundled packages (e.g., a single bottle or a case).
Listing Products on Sales Channels
Upload and manage product listings across integrated sales channels via the Channels tab.
Viewing Products and Services
Easily access detailed records, create new entries, and perform bulk actions from your product list.
Product Availability
Monitor inventory availability, allocated stock, pending deliveries, and detailed product movement records.
Deprecating and Deleting Products
Deprecate products to remove them from active inventory while retaining historical data.
Completely delete products only if they have no associated transactions.
Printing Product Information
Generate printable labels with barcodes, SKUs, and prices for customer-facing operations.
Print detailed product specifications (dimensions, BOM, suppliers, pricing).
Merging Products
Consolidate multiple similar products into one primary record to streamline management.
Importing and Exporting Product Information
Export product details as CSV files, edit externally, and re-import efficiently.
Supported CSV imports/exports include:
Inventory lists
Stock levels
Fixed assets
Discounts
Assembly BOMs
Units of measure
Stock reorder points
Supplier pricing
Smart reorder setups
Images and attachments
Markup and custom pricing
Bulk SKU updates
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