You can track and manage products inventory by enabling Track inventory function.
How to manage products inventory
Find your product from Admin > Products and click on the specific product you wish to modify.
Navigate to the Inventory section and tick
Track Quantitycheckbox. Fill in the inventory amount. ClickSave.
Products with an inventory of less than 5 will have its inventory count displayed.
FAQ
Q: When does the product inventory update?
A: Inventory is updated immediately after an order is created.
Q: If I cancel an order, will the inventory restock?
A: When canceling an order, the inventory will be restocked automatically
Q: Inventory will deduct when order status changes?
A: Order status change (Draft/Cancel → Pending/Confirmed/Completed) will deduct inventory