Hi,
As I can see the indexing mode is set to update by schedule, you need not to worry about the "Reindex Required" message that is shown since re-index process is run automatically in the background based on the cron job settings.
I recommend setting a default cron jobs for magento. Refer: http://devdocs.magento.com/guides/v2.0/config-guide/cli/config-cli-subcommands-cron.html
FYI, Indexing is how Magento transforms data such as products, categories, and so on, to improve the performance of your storefront. As data changes, the transformed data must be updated—or re-indexed.
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