Why do you need inventory management software?
One of the most important prerequisites for success in multi-channel sales is inventory management, which allows sellers to always have the right products in the right quantity for sale, at the right time.
When done effectively, businesses in general, not just online based businesses, reduce the costs of carrying excess inventory while maximizing sales. Also, sellers can have just the right products in the right quantity on hand and avoid their products being out of stock or even funds being tied up in excess stock. By managing their inventory as they should, sellers ensure that their products are sold in time to avoid spoilage or obsolescence, or spending too much money on stock that’s taking up space in a warehouse or in a certain stockroom.
Seeing that more and more sellers choose to be active on multiple platforms, the need for a tool that helps them manage their whole activity has become more than urgent.
Nventree is the best tool for inventory management and here are a few reasons why it helps online sellers all over the world administrate their whole activity on multiple platforms at once.
First of all, Nventree can manage all stock and inventory across multiple platforms and when an order enters the system, stock is adjusted and updated on every platform simultaneously. The tool allows sellers to filter by platform to easily see what they’re selling and where. In addition to this, Nventree has the ability to bulk update stocks manually, as well as, export a stocks report to CSV.
Nventree order management is currently compatible with eBay, Amazon and the following e-commerce web carts: 3dcart, AceShop, aspdotnet storefront, BigCommerce, Etsy, Loaded Commerce, Magento, Magento 2, MijoShop, MobiCart, Opencart, osCmax, PinnacleCart 2, PrestaShop, Shop-Script, Shopify, Shopify plus, Ubercart, VirtueMart, Volusion, WooCommerce, WP e-Commerce, XCART, xt:Commerce, Zencart and many more.
Shipping-wise, the tool offers courier integration and mapping, which is translated in conforming to the shipping requirements per each selling platform or channel. Of course, this means that for all orders that have been shipped, sellers can generate courier labels and add tracking numbers in bulk as well as marking certain orders for future despatching.
Basically, the tool helps sellers perform better in sales, knowing all there is to know in regards to their inventory, labeling, tracking and order shipping.
Being a is a cloud-based service, Nventree can be accessed just so as long as there’s a browser and an internet connection for continuous real-time sales analytics.
Be careful, though! Even if you manage your inventory in detail using our service, you still need to actually count your products and categorize your inventory yourself, in order to be sure that the products are in your stock as just as the ones entered in the app. They basically need to match. We would advise on an annual physical inventory, counting every product. Having the same numbers in your app stock as the physical one is a guarantee of a healthy business model.