The Insider’s Guide to Multi-channel Inventory Management Software

Poor inventory management can have a serious adverse effect at your e-commerce business. When you sell on multiple online retailer sites, you have to be smart to keep track of your inventory for promising fulfilment of your customers.


A multi-channel inventory management solution helps you manage your inventory across multiple platforms by automating and boosting record keeping. We are going to give you an insight that what this solution has to offer to keep you out of trouble and help you to maximize your business profitability.

Why multi-channel Inventory software is vital for your business?

Processing Production and purchase orders from different retail channels can be complex process that is why inventory managementsolution is a vital component of multi-channel business operations. Let me throw light for you on multiple features it is going to provide

I-Inventory Synchronization

Synchronization of inventory across multiple retail channels is the most important feature going to provide you an edge to synchronize incoming orders through different sources.  Product details are updated and reflected in your data so product information remain constant across every channel after sales.

II-Product Listing

A convenient and major time saving feature multi-channel inventory management software offers is the ability to list your product on all of your retail channels. It will create your product catalogue and adjust your selling price.

III-In-depth reporting

A multichannel inventory offers comprehensive reporting on important metrics such as product life cycle, turn over time, holding cost, low stock etc. Different kind of charts and statistics are available to let you analyze which product is trending on sales and when to restock it.

IV-Integration with Barcode and POS Systems

Integrating your inventory system with other software such as POS and Barcode system can save your time for high volume of orders. To consolidate your operations for inventory tracking, order management and shipping management integration with these retails software will be a plus. 

V-Supply Chain Automation

 Order fulfillment is one of the crucial stage of an online retail business. You do not want to disappoint your customer by saying that “Sorry we are out of stock”. These improved inventory management solution let you sustain the integrity of post-purchase experience. Ability to automatically restock and fulfill orders save your business from a major wreck.

VI-Shipment Tracking

Shipment update and tracking capabilities reduce customer worries decreasing the risk of some serious conflict. Order tracking can help identify the area of shipment hurdle and allow you to take necessary actions on time to satisfy your customers.

How much does an inventory management Software Cost?

The most important thing you need to know while investing in for a multi-channel inventory management software is that how much it is going to cost you. The basic features of inventory will start with just a $100 pricing. For a customized solution for your inventory operations vendors also offers different convenient pricing plans.

Take a free trial of ERP Gold to have a complete insight of multi-channel inventory management software.


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