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India's #1 Multi-channel Order & Inventory Management System
The Situation:
Situation:
Have you ever come across a situation when you landed up at a supermarket
and the cashier had to log all your shopping cart content,
then look up for the price for each item in the binder, update the stock
remaining in the store and then finally tally your bill. Would you ever go back
to the store?
Managing online store is no much different. In this world of technology,
unmanageable and inefficient manual processes continue to plague the
retail and eComm industries, and specifically their stock management
system.
Importing products from a single warehouse is time-consuming task. And
if you maintain your own warehouse, you have to manage the fulfillment
process as well as track inventory updates to be in sync with your online
store. But in the end all these resources distract from the bottom line.
What major online retailers do?
The Solution
Instead, online retailers should indulge with an all-in-one online order and
inventory management software that can easily help you manage and
automate all those process associated with inventory management.
This will help reduce error potential that can cause hindrance in
process, communication and in meeting your high-end customers
experience.
Top 5 ways to simplify Inventory management in online
retailing
Let's get the top practices:
That are critical components of an all-in one eComm management
system.
These will help you simplify and streamline your inventory management.
Inventory/Stock management
With the ability to track your inventory levels and manage product
threshold limits to make sure products are removed from your site when
these limits are reached, provides an immense relief in mind knowing
there will be no more out-of-stocks and cancelled orders scenarios.
Therefore, indulge with an appropriate inventory management software
that offers an ability to select primary warehouse for fulfillment if you have
too many suppliers or warehouse with the same product line.
Warehouse Integration
The process of getting products from your suppliers to your online store
can be time-consuming and onerous.
This also results to missing data, heading are mislabeled and other error
prone scenarios.
Indulging with an appropriate system that can connect to any of your
suppliers, import and correct all product data allowing you to publish it to
your store without having to do anything manually is a real time-saver,
especially for online retailers managing multiple suppliers and stores.
Integrate with an inventory tracking system
The best way to overcome inventory challenges is to integrate with an
inventory management system
That allows you snapshots of your total inventory for every supplier that
includes, the number of products, what's up on the site, what's not on the
site, blocked inventory, available inventory- all in real-time can have
tremendous value.
This way you avoid the hassle of maintaining spreadsheets for review.
Order management system integration
It is always recommended to sync your inventory and order
management system to make sure your orders are fulfilled and customer
satisfaction exceeded.
Therefore, it is suggested to invest in an all in one online order and
inventory management software which will simplify your inventory and
order management flow like never before!
Automation
Always remember having a system that can provide automation is
through where all your efficiency and ROI gains come from.
Hence, your system should have the ability to update inventory in real-
time when an order is fulfilled as well as manage catalogues
automatically.
The more you get rid of manual process, the more you can reduce your
management cost and reallocate resources to more strategic tasks..
Closure
The caliber to accurately manage your inventory is a key to providing
inimitable service to customers, efficiently utilizing resources, and
maximizing profits.
With the increasing demand of online shopping, it is important to have an
edge over your competitors.
Using modern software to manage your inventory challenges will ensure
you assign more time, capital and resources to growing your eComm
store.
Useful Tip
For growing a successful eComm store, it is always recommended to
utilize less and smart effort on management tasks, and more time towards
expanding your business.
Contact Us
Orderhive
http://www.orderhive.com/
Email : support@orderhive.com
Call us : +91-79-65445102

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Top 5 ways to simplify inventory management in online retailing

  • 1. India's #1 Multi-channel Order & Inventory Management System
  • 2. The Situation: Situation: Have you ever come across a situation when you landed up at a supermarket and the cashier had to log all your shopping cart content, then look up for the price for each item in the binder, update the stock remaining in the store and then finally tally your bill. Would you ever go back to the store?
  • 3. Managing online store is no much different. In this world of technology, unmanageable and inefficient manual processes continue to plague the retail and eComm industries, and specifically their stock management system. Importing products from a single warehouse is time-consuming task. And if you maintain your own warehouse, you have to manage the fulfillment process as well as track inventory updates to be in sync with your online store. But in the end all these resources distract from the bottom line. What major online retailers do?
  • 4. The Solution Instead, online retailers should indulge with an all-in-one online order and inventory management software that can easily help you manage and automate all those process associated with inventory management. This will help reduce error potential that can cause hindrance in process, communication and in meeting your high-end customers experience.
  • 5. Top 5 ways to simplify Inventory management in online retailing Let's get the top practices: That are critical components of an all-in one eComm management system. These will help you simplify and streamline your inventory management.
  • 6.
  • 7. Inventory/Stock management With the ability to track your inventory levels and manage product threshold limits to make sure products are removed from your site when these limits are reached, provides an immense relief in mind knowing there will be no more out-of-stocks and cancelled orders scenarios. Therefore, indulge with an appropriate inventory management software that offers an ability to select primary warehouse for fulfillment if you have too many suppliers or warehouse with the same product line.
  • 8. Warehouse Integration The process of getting products from your suppliers to your online store can be time-consuming and onerous. This also results to missing data, heading are mislabeled and other error prone scenarios. Indulging with an appropriate system that can connect to any of your suppliers, import and correct all product data allowing you to publish it to your store without having to do anything manually is a real time-saver, especially for online retailers managing multiple suppliers and stores.
  • 9. Integrate with an inventory tracking system The best way to overcome inventory challenges is to integrate with an inventory management system That allows you snapshots of your total inventory for every supplier that includes, the number of products, what's up on the site, what's not on the site, blocked inventory, available inventory- all in real-time can have tremendous value. This way you avoid the hassle of maintaining spreadsheets for review.
  • 10. Order management system integration It is always recommended to sync your inventory and order management system to make sure your orders are fulfilled and customer satisfaction exceeded. Therefore, it is suggested to invest in an all in one online order and inventory management software which will simplify your inventory and order management flow like never before!
  • 11. Automation Always remember having a system that can provide automation is through where all your efficiency and ROI gains come from. Hence, your system should have the ability to update inventory in real- time when an order is fulfilled as well as manage catalogues automatically. The more you get rid of manual process, the more you can reduce your management cost and reallocate resources to more strategic tasks..
  • 12. Closure The caliber to accurately manage your inventory is a key to providing inimitable service to customers, efficiently utilizing resources, and maximizing profits. With the increasing demand of online shopping, it is important to have an edge over your competitors. Using modern software to manage your inventory challenges will ensure you assign more time, capital and resources to growing your eComm store.
  • 13. Useful Tip For growing a successful eComm store, it is always recommended to utilize less and smart effort on management tasks, and more time towards expanding your business.
  • 14. Contact Us Orderhive http://www.orderhive.com/ Email : support@orderhive.com Call us : +91-79-65445102