diff --git a/integration-tests/http/__tests__/inventory/admin/inventory.spec.ts b/integration-tests/http/__tests__/inventory/admin/inventory.spec.ts
index 25f5ba58af..0c9e09f31c 100644
--- a/integration-tests/http/__tests__/inventory/admin/inventory.spec.ts
+++ b/integration-tests/http/__tests__/inventory/admin/inventory.spec.ts
@@ -581,6 +581,79 @@ medusaIntegrationTestRunner({
             })
           )
         })
+        
+        it("should retrieve the inventory item with correct stocked quantity given location levels have been deleted", async () => {
+          await api.post(
+            `/admin/inventory-items/${inventoryItem1.id}/location-levels`,
+            {
+              location_id: stockLocation1.id,
+              stocked_quantity: 10,
+              incoming_quantity: 0,
+            },
+            adminHeaders
+          )
+
+          const item = (
+            await api.post(
+              `/admin/inventory-items/${inventoryItem1.id}/location-levels`,
+              {
+                location_id: stockLocation2.id,
+                stocked_quantity: 10,
+                incoming_quantity: 0,
+              },
+              adminHeaders
+            )
+          ).data.inventory_item
+
+          await api.post(
+            `/admin/reservations`,
+            {
+              line_item_id: "line-item-id-1",
+              inventory_item_id: inventoryItem1.id,
+              location_id: stockLocation2.id,
+              description: "test description",
+              quantity: 1,
+            },
+            adminHeaders
+          )
+
+          const reservation = (
+            await api.post(
+              `/admin/reservations`,
+              {
+                line_item_id: "line-item-id-2",
+                inventory_item_id: inventoryItem1.id,
+                location_id: stockLocation2.id,
+                description: "test description 2",
+                quantity: 1,
+              },
+              adminHeaders
+            )
+          ).data.reservation
+
+          await api.delete(
+            `/admin/inventory-items/${inventoryItem1.id}/location-levels/${item.location_levels[0].id}`,
+            adminHeaders
+          )
+
+          await api.delete(
+            `/admin/reservations/${reservation.id}`,
+            adminHeaders
+          )
+
+          const response = await api.get(
+            `/admin/inventory-items/${inventoryItem1.id}`,
+            adminHeaders
+          )
+
+          expect(response.data.inventory_item).toEqual(
+            expect.objectContaining({
+              id: inventoryItem1.id,
+              stocked_quantity: 10,
+              reserved_quantity: 1,
+            })
+          )
+        })
 
         it("should throw if inventory item doesn't exist", async () => {
           const error = await api
diff --git a/packages/modules/inventory-next/src/models/inventory-item.ts b/packages/modules/inventory-next/src/models/inventory-item.ts
index 805470b71a..f7bdf40ff3 100644
--- a/packages/modules/inventory-next/src/models/inventory-item.ts
+++ b/packages/modules/inventory-next/src/models/inventory-item.ts
@@ -131,14 +131,14 @@ export class InventoryItem {
 
   @Formula(
     (item) =>
-      `(SELECT SUM(reserved_quantity) FROM inventory_level il WHERE il.inventory_item_id = ${item}.id)`,
+      `(SELECT SUM(reserved_quantity) FROM inventory_level il WHERE il.inventory_item_id = ${item}.id AND il.deleted_at IS NULL)`,
     { lazy: true, serializer: Number, hidden: true }
   )
   reserved_quantity: number
 
   @Formula(
     (item) =>
-      `(SELECT SUM(stocked_quantity) FROM inventory_level il WHERE il.inventory_item_id = ${item}.id)`,
+      `(SELECT SUM(stocked_quantity) FROM inventory_level il WHERE il.inventory_item_id = ${item}.id AND il.deleted_at IS NULL)`,
     { lazy: true, serializer: Number, hidden: true }
   )
   stocked_quantity: number
diff --git a/packages/modules/inventory-next/src/services/inventory-module.ts b/packages/modules/inventory-next/src/services/inventory-module.ts
index 1a375baee5..8ac858a443 100644
--- a/packages/modules/inventory-next/src/services/inventory-module.ts
+++ b/packages/modules/inventory-next/src/services/inventory-module.ts
@@ -6,26 +6,28 @@ import {
   ModuleJoinerConfig,
   ModulesSdkTypes,
   ReservationItemDTO,
+  RestoreReturn,
+  SoftDeleteReturn,
 } from "@medusajs/types"
+import { IInventoryService } from "@medusajs/types/dist/inventory"
 import {
-  arrayDifference,
   CommonEvents,
   EmitEvents,
   InjectManager,
   InjectTransactionManager,
   InventoryEvents,
-  isDefined,
-  isString,
   MedusaContext,
   MedusaError,
   MedusaService,
+  arrayDifference,
+  isDefined,
+  isString,
   partitionArray,
   promiseAll,
 } from "@medusajs/utils"
 import { InventoryItem, InventoryLevel, ReservationItem } from "@models"
 import { entityNameToLinkableKeysMap, joinerConfig } from "../joiner-config"
 import InventoryLevelService from "./inventory-level"
-import { IInventoryService } from "@medusajs/types/dist/inventory"
 
 type InjectedDependencies = {
   baseRepository: DAL.RepositoryService
@@ -774,6 +776,48 @@ export default class InventoryModuleService
     return result
   }
 
+  @InjectTransactionManager("baseRepository_")
+  // @ts-expect-error
+  async softDeleteReservationItems(
+    ids: string | string[],
+    config?: SoftDeleteReturn<string>,
+    @MedusaContext() context: Context = {}
+  ): Promise<void> {
+    const reservations: InventoryTypes.ReservationItemDTO[] =
+      await super.listReservationItems({ id: ids }, {}, context)
+
+    const result = await super.softDeleteReservationItems(
+      { id: ids },
+      config,
+      context
+    )
+
+    await this.adjustInventoryLevelsForReservationsDeletion(
+      reservations,
+      context
+    )
+
+    result
+  }
+
+  @InjectTransactionManager("baseRepository_")
+  // @ts-expect-error
+  async restoreReservationItems(
+    ids: string | string[],
+    config?: RestoreReturn<string>,
+    @MedusaContext() context: Context = {}
+  ): Promise<void> {
+    const reservations: InventoryTypes.ReservationItemDTO[] =
+      await super.listReservationItems({ id: ids }, {}, context)
+
+    await super.restoreReservationItems({ id: ids }, config, context)
+
+    await this.adjustInventoryLevelsForReservationsRestore(
+      reservations,
+      context
+    )
+  }
+
   @InjectTransactionManager("baseRepository_")
   @EmitEvents()
   async deleteReservationItemByLocationId(