The Item Object is a fundamental component of Sanka's inventory management system, serving as the backbone for managing the various products and services that a business handles.
It refers to any product, good, or service that a company stocks, sells, or uses in its operations. It encapsulates all critical data related to these products, including descriptions, stock levels, pricing, and associated suppliers.
Without the Item Object, it would be impossible to run operations or workflows in Sanka, as it is the master of all modules and is interconnected with the entire system.
What You Can Do with the Item Object
Management of Product Master Data: Even if there are multiple sales channels, having unique IDs such as SKUs or item numbers allows for efficient and centralized management of product data.
Accurate Inventory Tracking: You can track inventory levels associated with products directly from the Item Object.
Improvement in Operational Efficiency: The inventory object is linked to products and locations, which helps streamline data management.
Management of Profit Margins: By entering both selling prices and purchasing prices for products, you can manage profit margins when a product is sold.
Configuration Management: In cases where a product consists of multiple components or when dealing with bundled items, you can link multiple items (including parts and materials) to a single product. This information enables effective sales management based on those configurations.
Key Properties of the Item Object
Below are the default properties of the Item Object:
Item ID: A unique ID assigned to each product. Additionally, you can reference other object records related to inventory, orders, purchase orders, etc., using this item ID.
Item Name: The name of the product.
Item Description: Detailed information about the product.
Sales Price and Purchase Price: The sales price indicates what price businesses sell to customers while the purchase price indicates what price businesses pay suppliers for acquiring goods.