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Stock Level Tracking

Understanding tracking modes and managing inventory quantities

Stock Level Tracking

DrillerDB offers flexible inventory tracking that adapts to your company's operational needs. The system supports two distinct tracking modes: full stock tracking with quantity management and usage-only tracking for cost analysis without inventory levels.

Quick Start: Configure Tracking Mode

  1. Go to Settings > Inventory
  2. Choose tracking mode (Full Stock or Usage-Only)
  3. Save settings
  4. If Full Stock: set up initial item quantities
  5. Begin recording usage on projects

Step-by-Step Workflow

  1. Go to Settings > Inventory
  2. Choose tracking mode (Full Stock or Usage-Only)
  3. Save settings
  4. If Full Stock: set up initial item quantities
  5. Begin recording usage on projects

Understanding Tracking Modes

Your company can choose between two approaches to inventory management.

Mode Comparison

FeatureFull Stock TrackingUsage-Only Tracking
Running quantitiesYesNo
Low stock warningsYesNo
Stock adjustmentsYesNo
Usage recordingYesYes
Cost trackingYesYes
Administrative effortHigherLower

Choosing the Right Mode

Choose Full Stock IfChoose Usage-Only If
You manage a warehouseYou buy materials per-project
You need reorder alertsYou track costs, not quantities
You perform cycle countsYou want minimal admin overhead
You want quantity visibilityMaterials stored externally

The tracking mode is a company-wide setting. You can change modes later, but full stock tracking requires establishing initial quantities for all items.

Full Stock Tracking Mode

Full stock tracking maintains current quantity for every inventory item.

How It Works

EventSystem Action
Materials used on projectQuantity decrements automatically
Receive shipmentQuantity increments via adjustment
Physical count correctionQuantity updated via adjustment
Item falls below minimumLow stock warning displays

Stock Level Indicators

StatusDisplayMeaning
NormalStandard textAbove minimum quantity
Low StockWarning highlightBelow minimum, reorder needed
Out of StockUrgent highlightZero or negative quantity

Usage-Only Tracking Mode

Usage-only mode focuses on cost tracking without inventory quantity management.

What Usage-Only Mode Tracks

TracksDoesn't Track
Materials consumed per projectCurrent quantity on hand
Total cost of usageLow/out of stock status
Usage trends over timeShipment receiving

Benefits of Usage-Only Mode

BenefitDetails
No stock adjustments neededSimply record usage
No cycle counts requiredLess administrative burden
Project cost visibilityKnow what each job consumes
Simple to maintainMinimal ongoing effort

Usage-only mode is ideal for companies that purchase materials as needed for specific projects or maintain inventory tracking outside DrillerDB.

Minimum and Maximum Quantities

In stock tracking mode, quantity thresholds help manage reordering.

Setting Thresholds

ThresholdPurposeHow to Set
MinimumReorder pointLead time × daily usage + safety stock
MaximumUpper limitStorage capacity or budget constraint

Threshold Behavior

SituationSystem Response
Current ≥ MinimumNormal display
Current < MinimumLow stock warning
Current = 0Out of stock alert
Current < 0Negative quantity warning

Adjust thresholds over time as you learn actual usage patterns. Regular review ensures reorder points match real needs.

Negative Stock Quantities

Quantities can become negative when materials are used before being formally received.

Causes of Negative Stock

CauseSolution
Usage logged before receivingReceive shipment promptly
Forgot to log receivingCreate adjustment for actual receipt
Count errorPerform physical count and adjust

Negative quantities indicate records need reconciliation. Monitor regularly and resolve promptly to maintain accuracy.

Switching Between Modes

Your company can change tracking modes through Settings.

Switching to Full Stock Tracking

  1. Go to Settings > Inventory
  2. Select "Full Stock Tracking"
  3. Save settings
  4. Perform physical count of all items
  5. Create stock adjustments to set initial quantities

Switching to Usage-Only Mode

  1. Go to Settings > Inventory
  2. Select "Usage-Only Tracking"
  3. Save settings
  4. Quantity tracking stops immediately
  5. Historical data preserved, quantities hidden

Consider implications carefully before changing modes. Full stock tracking requires ongoing administrative attention; usage-only sacrifices quantity visibility for simplicity.

Best Practices for Stock Management

Regardless of tracking mode, consistent processes ensure accurate data.

Full Stock Tracking Best Practices

PracticeFrequency
Cycle countsMonthly or quarterly
Reconcile discrepanciesAs discovered
Review minimum quantitiesQuarterly
Train users on proceduresOnboarding + refresher

Common Pitfalls to Avoid

PitfallPrevention
Duplicate entriesClear procedures, user training
Missed transactionsLog usage immediately
Stale minimum quantitiesRegular review and adjustment
Ignoring negative quantitiesResolve promptly

Troubleshooting

Stock levels don't match physical count?

  • Review recent transactions for errors
  • Check for unreceived shipments
  • Create adjustment with count note

Low stock warnings not appearing?

  • Verify minimum quantity is set
  • Check tracking mode is Full Stock
  • Refresh page to see current status

Can't change tracking mode?

  • Verify you have admin permissions
  • Check Settings > Inventory page