12/19/2023 0 Comments Magento msiHaving multiple sources gives you various options to efficiently ship products to the customers depending upon their requirements. Now if someone orders a product from your Australia store then Magento determines which source to use for the shipping and fulfillment of this order considering the factors such as available stock, distance, priority, etc. For instance, suppose you have a UK warehouse, a US warehouse, and a distribution center in Germany. You can use the same source with multiple stocks for orders and shipping. Depending upon the number of sources it is either called to be in single source mode or multi source mode. Magento out of the box gives you a single source (named default source) but you can create multiple sources as per your requirement. Magento 2 MSI allows you to have single or multiple sources running on your store. Any store can have different sources such as distribution centers, warehouses, retail shops, drop shippers, etc. The physical location where your goods are located and shipped from is known as Sources in MSI. In Magento 2 MSI you can have multiple sales channels and by creating sources and stocks, the inventory will be automatically managed to fulfill orders. For instance, you have three Magento 2 websites selling products across the US, UK, and Australia then these three websites are your sales channels. It can be your physical stores/Brick-and-mortar stores, Amazon Marketplace, store websites etc. Sales channels are the various platforms that you use to sell your products. Let us look at different aspects of Magento 2 MSI and how you can use it to fulfill orders and ship products from various locations across your global market. It allows store merchants to create multiple sales channels, multiple sources, multiple stocks, and by linking them with each other they can create their desired inventory system. The entire concept of MSI revolves around three key principles i.e Sales channels, Sources, and stocks. Stores can create multiple sources of inventory and interlink them with their sales channels. Magento 2 MSI(Multi Source Inventory) gives merchants complete control over their inventory whether it be single channel or multi channel. Magento took its inventory management system to the next level by introducing MSI in Magento 2.3.0 and above.
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