Best Ways to utilize Multi-Channel Inventory Management Software
Selling
in a different market place is not an easy task. To manage different inventory operations
of e-commerce stores such as inventory, product listing, orders, and more there
is a need for robust multi-channel Inventory Management Software. Implementing a multi-channel strategy is one
of the most efficient decisions to any retail business with e-commerce
channels. Let me share with you some beneficial ways to utilize this software
for your inventory management operations.
I-Listings Automation
Save
time and reduce workload by automating your product listing.
·
Schedule
listings you want to automatically recur
·
Select
when and how long you want to automatically list your
item
·
Automatically
relist items if they don't sell
·
Continuously
relist item until it sells
II-Inventory Serialization
Prefer
to choose an Inventory management software offering inventory serialization. It is an inventory tracking method using
unique serial numbers. For valuable products with unique IMEI serial numbers, it
is easy to track individual items of inventory. The benefit it will provide you
are:
·
Easy
Tracking
·
Theft
protection
·
Track down Product Life Cycle
·
Quality
control
·
Shipment
Tracking
III-Auto Restocking
For low inventory stock issues using an auto, a restocking solution is a
good option to utilize multi-channel Inventory Management Software. Reorder
limits and restock levels can be set by the retailers to automatically email a
purchase order to the vendor for stock. Auto restocking option should generate:
·
Stock
Replenishment Report
·
Alerts
to the retailer for low stock levels
·
Purchase
order to the vendor for stock levels lower than the threshold
IV-Automated order processing
Integrating
automated order processing feature in your multichannel inventory management
system to removes inefficiencies and process orders quickly. Orders can be
updated in real-time and process will be more streamlined for both the customer
and the supplier. Through automated reordering you can:
·
Improve
customer services
·
Systemize
data control
·
Reduce
accounting cost
·
Increases
potential for cross-sell opportunities
V-Shipping carrier services
To
seamlessly ship the order receiving from multiple channel Shipping Career
Service must be integrated into your multi-Channel Inventory Management Software.
To Import all shopping carts orders into a single simple dashboard and process
the shipment is much easier. Shipping Career Service will:
·
Accelerate
shipping and fulfillment process
·
Save
time through automation
·
Flexible
and Transparent Workflows
·
Compare
best suitable Career Service rates
VI-Multi-warehouse management
If
your business is dependent on more than one warehouse than using inventory
Management software, you can automate count of all your inventories and keep
your supply chain simple. To fully utilize a multi-channel inventory software
this feature helps you to grow when your company begins to scale.
·
Maintaining
stock counts
·
Cross-warehouse
communications
·
Avoid
Shipping Delay
·
Automating
your supply chain
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