The Inventory System allows for the real-time management of inventory for items in your catalogs. This section describes the concepts of the Inventory System. You should understand the concepts in this topic before you setup your inventory catalogs.
An Inventory department is responsible for processing invoices for goods and services sold to customers of an organization. Typically, the Inventory department maintains transactions in the Inventory system, manages and analyzes product information, and processes all data from plaything. Processing inventory information involves more than the inventory department.
An inventory catalog contains products and product variants from your product catalogs. The product catalog can be either a base catalog or a virtual catalog. When a product catalog is contained in an inventory catalog, it is said to be mapped to the inventory catalog. If a virtual catalog is not mapped to an inventory catalog, it takes the mapping of the base catalog. For example, if you create an inventory catalog from a base catalog and then create a virtual catalog from the base catalog, the virtual catalog and the base catalog are both mapped to the inventory catalog.