As every eCommerce business owner knows, keeping track of orders, shipping processes, and inventory levels can be a tall order – especially if you’re planning to scale up operations. Fortunately, inventory and shipping management software can help optimize this process and ensure you continue to meet customer demand throughout the year. If you’re considering investing in inventory software or shipping management tools, we’ve put together an introductory guide below.
Author: Artur K
5 Warehouse Organization Tips for Ecommerce Retailers
Your warehouse is arguably your most valuable business asset. This is where your goods come in and orders go out, and the speed and efficiency in which these things happen is vital to your success. It makes sense, then, that you may be concerned about warehouse organization.
How to manage and sync your multi-channel inventory
You undoubtedly enjoy the benefits of selling your products through multiple channels, such as marketplaces, web stores, and physical locations. But managing your inventory between different channels is no small feat. The challenges of keeping track of item quantities and staying on top of order fulfillment are enough to make the most experienced eCommerce managers shudder.
How to Reduce Picking and Packing Errors
Fulfilling orders is a tedious and repetitive task, making it easy to underestimate how important the process is for your business. Simple mistakes on orders, like packing the wrong item or putting labels on the wrong packages, can cost you thousands of dollars every year.
Serialized Inventory Management
For most inventory management scenarios, each product’s total quantity on hand is the most important piece of data to track. As long as you know how much of each product’s stock is coming in through the back door and out through the front, your inventory needs are met. But what if individual units need to be tracked separately?
Introduction to Inventory Forecasting
Nothing is worse for product sales than not having products to sell. It doesn’t matter how nice your website looks or how finely tuned your marketing campaign is — if you run out of what your customers want to buy, they’re likely to buy from someone else.
Introduction to Cycle Counts
Counting inventory in your warehouse is as important as it is agonizing. No one enjoys the grueling task of taking every single unit of every product off of the shelves, counting them and recording the counts, and replacing those units where they were found.
What is Multichannel Inventory Control?
The term “inventory control”, despite sounding similar to inventory management, actually refers to a number of different challenges in logistics and retail sales – things like overspending on inventory purchasing and storage, discrepancies in stock counts, and conflicting inventory data between different sales channels.
Inventory Management for Small Business
When many people hear the term “inventory management,” they picture giant warehouses with automated conveyer belts, staff members wearing hard hats and driving forklifts, and electronic lights and displays blinking all along the aisles.
Benefits of Inventory Management Software
As a small business retailer, you probably have some sort of system in place for keeping track of the products you have in stock. You need to know what you have, how much you have now, and how much you need to order — and when! Is the way you manage inventory now enough?