The sale you lose to an empty shelf is invisible — the customer simply buys elsewhere and you never know it happened.
Most reordering is done by eye: someone notices a gap, or a customer asks for something that has run out. Both are late by definition, and the fast-moving lines — the ones worth the most — are the ones that run out first.
A level set on the item turns that into a notification. Stock crossing it is a fact the app already knows the moment a bill is saved, so the warning arrives while there is still time to order.
On the items that matter, not on all of them.
The count falls as stock goes out.
When an item drops past its level.
While there is still stock to sell.
What you sell and how much of it you have. Stock moves as you bill and purchase rather than waiting for someone to update a register, and the items themselves carry the detail a bill needs: rate, tax slab, unit, and a code to scan.
Set the items up once and the rest of the app leans on them — the counter, the invoice, the order and every stock report read from the same list.
Where the count comes from and what you do about it.
No — it is worth setting on the lines you cannot afford to be out of.
As a notification, and on the home screen among the items running low.
Yes. The alert depends on the count being maintained by your billing.
A lost sale to an out-of-stock line never shows up in any report.