Bundles Explained
A Bundle is a new entry in your inventory comprised of existing products or variants.
Like a recipe for a dish comprised of multiple ingredients, or a buy-one-get-one-free deal with two products included.
Any product or variant can be converted into a Bundle. Converting a product into a Bundle will allow you to select the "components." A Bundle can have one component or many components. Below are a few visual examples:
Bundles can be used to:
Set up Alternate Pricing for Products that have multiple price-points
Create Food/Drink Recipes (see below)
For example, let's visualize a simple Cheeseburger...
1. Creating components/ingredients
Before you create a Bundle, you must first create the components/ingredients of the bundle as products (or variants) in Shopventory.
NOTE: Shopventory supports partial quantities on inventory. For example, if you only have .758 of a product, you can put that quantity into inventory.
We recommend indicating what unit of measurement you'll be using in the variant name. This will make it easier to build your bundles:
SKU and Barcode numbers are always optional. Prices can be set to zero if we are not selling the component by itself.
Price and tax should be entered when building the final Bundled product available for purchase.
Setting the Costs (per unit) of your components will allow you to accurately track your margins on bundled products.
Go through and create an entry for each component/ingredient.
2. Creating the Bundle
Once all components have been created, you can bundle them together. In this case, we'll bundle our components into the final Cheeseburger product.
Go to the Inventory page and create a new product.
Then, convert the product into a Bundle as shown below:
NOTE: You might need to side-scroll on that section to expose the clickable gear wheel.
On the next screen, you will be prompted to select the components that make up the Bundle. See for yourself:
NOTE: Having trouble figuring out what to put in the "input quantity" section? We've got you covered in our Math for Assemblies, Bundles, and Modifiers article!
Reporting
The Bundle Report shows you all the current bundles, along with their components and how much will be deducted for each sale.
The Product Sales Report will show the sale of the bundle, not the bundle's individual components.
The cost shown will be automatically calculated based on the cost of that bundle's components.
The Vendor Sales Report will show the sale of the bundle in regards to which vendor is assigned to the bundle, and it will not show the sale of the components under the individual component's vendor(s).
You can assign multiple vendors to the bundle if you want the sale to show under multiple vendors in the Vendor Sales Report.
The Inventory Change Report will show the change in quantities of the components. Choose to only show bundles, or filter them out using the "Filters" button.
Bundles do not show on the Inventory Report. Only a bundle's components will show up and that's to make sure we aren't double-counting products in your inventory.
NOTE: If you plan to reverse your bundle/component setups, be aware that you will be essentially starting with a new set of inventory and inventory history for those products. We encourage you to download any relevant reports before making the switch.
Things to Note:
Shopventory calculates the costs and quantities available in stock for Bundles so no need for complicated math!
Thrive does NOT automatically recognize standard unit conversion. In other words, our system does not know that 1000 milliliters go into 1 liter or that 16oz are the same thing as 1lb unless you tell it. Learn more here.
Quantities of Bundles are based on the quantities of the components. Bundle quantities cannot be set directly. If the quantity doesn't seem right, check the quantity in stock for each of your components (on the Inventory page).
Bundles are designated with an icon on your Inventory page and are pushed out to your POS (Point Of Sale) automatically. They will appear on your POS like any other product.
Edit or delete bundles from the Edit Product panel. Adjustments you make to quantities of components will be reflected in the available bundle quantities.
Use the "Filters" button on the Inventory page to "Show bundles only"
You cannot create a Bundle out of another Bundle. There is a workaround process called "Batching" which can be used when already bundled items are components in a different bundle. Learn more
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