Benefits of Customized Inventory Management Software
It has not been long since vendors have embraced the multi-channel strategy, where they offer their product across several channels like eBay, Amazon, Shopify, Magento, etc.
However, providing an all-in-one Omni
channel experience to the clients requires data management across many channels
& consumer-facing systems which allows smooth configuration between core
operations like inventory management, order
management, and execution management.
Only a customized solution quickly organizes
workflows in response to altering business needs. Advance your responsiveness
by allowing continual tracking of several steps involved in a business process.
Here in this article, you will come to
know about the benefits of customized inventory management software.
Ø The
Ability To Automate Unique Workflow
Taking a real-life situation—Shark
Ninja was functioning its business through multiple selling channels
including Amazon, eBay & Woo Commerce, as a result, they were overburdened
with orders at the end of the day. It’s an exhausting process to pick every
order separately, check for stock availability & allocate shipments
accordingly.
They were in requirement of an
"automatic order allocation scheduler" which automatically assigns orders
based on stock accessibility and fulfillment strategy, such necessities can
only be taken care of by a customized
inventory management system.
Where custom features can be employed
without disturbing the current workflow & system. Similarly, an online
seller that deliver health products across 250 retail stores in
Singapore.
Ø Custom
Reports, a Much-Required Business Intelligence Tool
Custom reports are a much-essential
tool for a wide variation of business verticals, as data can be filtered
according to specific standards. Custom-built reports are a point-to-click tool
that specifies the parts of concerns that the company needs to focus on.
An experimental example with a customized
solution, RobeMart was able to determine the net turnover they have
made per SKU (product), this makes it easier for RobeMart to plan production
and emphasis on products that worth their time & money.
Customized stock evaluation reports
can be equally important as it states the stock that is recorded in your books
of account and matches that up with the physical importance in your warehouse.
Ø 24/7
Technical Ongoing Support with Proper Analysis of Business Requirements
The customized solution
offers an enterprise-level experience to businesses, where devoted technical
resource evaluates the unique necessities of business and comes up with a reasonable
solution, which is backed by a highly protected and approachable support
management system.
Ø High-Speed
Private Cloud Solution
If your solution is hosted on a
private cloud, it offers better control, extendable bandwidth, safety, and
superior performance in terms of speed and connectivity.
A custom solution is designed to systematize
the complex business functionality of large enterprises. However, it is equally
significant that businesses should select the right customized inventory management solution. It is very significant
that the modules established in a customized solution are scalable and strongly
integrated and should comfort inter-process communication.
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