A Standard Product is a product with a single SKU and its own inventory.
To add a Standard Product individually into Vend, navigate to the Products -> Products on the sidebar and click the Add Product button.
Click Add Product to open the Add a new product window. Here you can input the minimum product information required to add a product to your Vend store.
First you can name the product (Product Name). This will be the name that appears in your reporting, inventory management, on the sell screen and your customer facing material such as barcodes and receipts.
Once the product has a name, you need to select the Standard Product type.
Next, select a SKU Code Type from the dropdown and input your SKU Code, or leave it set to Auto-generated to allow Vend to determine the SKU Code for you.
The SKU Code is a scannable field in Vend, often recorded on a product as a barcode.
For products that already have a barcode, select the barcode type from the SKU Code Type list and enter the barcode into the SKU Code field. If your product doesn’t have a barcode, then we suggest you use Vends auto-generated SKU Code Type, which you can print to label your products.
The product will also require a Supply Price. It is highly recommended that you add the correct supply price before adding inventory to this product in order for the Costs of Goods Sold figure to be accurately calculated.
Finally, a Retail Price must be added. For tax inclusive stores, this must include tax in the retail price. Stores that are tax exclusive must exclude tax from the retail price.
Once all information has been entered, click Add Product to finish creating the product.
Now that the product has been created, you can:
- Go back to selling
- Repeat the Add Product process for additional products by clicking add another product in the green banner at the top of the screen.
- Input additional information for the product you just created using the Edit Product page.
Brand: Select a brand from the dropdown. If the brand has not yet been created in your store, use the Search all brands box to name the brand and click Add 'X' as new brand.
Description: Add a description of your product. This could be details of the product, key selling points for your staff or care instructions for fragile items. For retailers with an e-Commerce integration, the description will be customer facing and should describe the product.
Tags: lower-level categories that the product belongs to. Products can have multiple tags which are used for product grouping to optimize filtering and searching. These can also be used to define reporting on a certain group of products, and to set promotions. Tags are also searchable online for retailers with an e-Commerce integration.
Product Type: the high-level category that a product belongs to. Select a product type from the drop down or select Add new product type to create a new product type. Only one product type can be selected per product.
Images: To add images to your product, drag them onto the add product window. This will automatically add the image to the product you're adding. Alternatively, you can click the browse button to search your computer for images.
SKU: Multiple SKUs can be recorded against a product and scanned on the sell screen. Click Add Another Code to add additional codes. For more on multiple SKUs, refer to our guide here.
Supplier: Select a Supplier from the dropdown — if the supplier has not yet been created in your store, use the Search all suppliers box to name the supplier and click Add 'X' as new supplier.
Supplier Code: an optional code that the supplier may require to identify the product when issuing a Purchase Order.
Supply Price: will already be populated with the value you entered earlier.
Inventory: You can also set your stock Re-order Point and Re-order Quantity for each Outlet now, however we recommend referring to our Adding inventory to your products before adding the Current Inventory to your product.
Tax: Vend will automatically apply your stores Default Tax Rate. If you have a product specific tax, select the tax using the dropdown. For more about tax in Vend, refer to our Setting up tax guide.
Price (& Loyalty)
Markup: the percentage of markup between the Supply Price and Retail Price. This will automatically be generated when a Retail Price is input, or can be used to calculate a Retail Price for a specific markup percentage.
Retail Price: will already be populated with the value you entered earlier.
Loyalty: if you have Loyalty enabled in your store, you can select whether the product will Earn default loyalty or Earn custom loyalty.
If you integrate with Xero, specify the Sales Account Code and Purchase Account Code.
To finish inputting additional information for your new product, click Save.
If you need to add or change product information at a later date, refer to our How to edit a product in Vend guide.