I have a custom field in my products, that needs to be updated through a function, whenever the stock in any of the variations change.
Are there hooks for this? If so, which ones and what is their output ($post_id
for example)?
I think you are looking for woocommerce_reduce_order_stock action. More info about this hook.
Here is a whole list of available hooks.
-- EDIT
Function should look like this:
function test( $order ) { // you get an object $order as an argument
$items = $order->get_items();
$items_ids = array();
foreach( $items as $item ) {
$items_ids[] = $item['product_id'];
}
die( print_r($items_ids) ); // it should break script while reduce stock
}
add_action( 'woocommerce_reduce_order_stock', 'test' );