Our recommendations for a perfectly managed inventory

When is inventory management software a must have?

You’re running a small or medium-sized business online and, of course, working on different channels, maybe even own an actual brick and mortar store besides your eBay, Amazon, WooCommerce or Shopify seller accounts. While you improve your profit by selling on multiple channels, there might be some issues with your inventory management.


Inventory management becoming more and more important when running a multi-channel business

Especially small and medium-sized businesses reduce the costs by carrying excess inventory while maximizing sales by doing basic inventory management. Nventree is the was designed to be easy to use and efficient, thus helping sellers track their inventory in real time to streamline this process.





excess and unsold stock Ideally, managing the product stock efficiently means having the right products in the right quantity on hand and avoiding products being out of stock and funds being tied up in excess stock. Sellers also ensure that the products they sell are sold in time to avoid spoilage or obsolescence.


As you can see, inventory management is a must and it should be done properly. We prepared a list with a few key recommendations to keep a well managed and updated inventory at all times. We’re not saying it’s going to be easy, but it will surely worth it!


inventory management software to help run your business smoothly

First, you will need to forecast your sales accurately. This is absolutely vital because projected sales calculations need to be based on multiple factors, like sales figures, market trends, predicted growth and the economy, promotions, marketing efforts, etc.






manually keeping track of your inventorySecond, we suggest identifying low stock, so if you got products that haven’t sold at all in the last six months to a year, you should simply stop selling that item for good. Its time has probably passed.





easiest way of getting rid of unwanted stock How to get rid of products that are piling up your stock? Try sales or promotions or simply add that product as a free gift to certain orders, which will, in turn, give you a loyal following of customers in the long run.




Quality over quantity! This is the third recommendation we have to offer, as not many things are more important when running a business than ensuring that all your products look great and are working well. In other words, they are sales worthy.
You can do a quick examination yourself or have an employee (if you have one, of course) during stock audits that include a checklist for signs of damage and correct product labeling.

Last, we suggest you join the year 2019 and replace your old inventory methods with cloud-based inventory management software. Forget getting stressed over managing your own stock or wasting too much time on updating stock on multiple selling channels. It is time to use Nventree and start managing your inventory in a smart and relaxed way.


Nventree, the all round best inventory management software with built-in order management

Nventree will help you manage your stocks, products, and orders across multiple platforms, such as eBay, Amazon and your shopping cart from one easy-to-use interface, instead of having to log into each channel separately. Everything is done automatically, each update, on only one interface and without having to login multiple times on multiple accounts.

Of course, this includes adding tracking numbers in bulk, courier mapping per selling channel – allowing you to map shipping services per channel requirement – not forgetting order export and direct connection to a number of APIs to download orders and update stocks.

For more advantages that come from managing your inventory with Nventree just give us a call on 0121 285 1050 or go to Live Chat to talk to one of our operators anytime from Monday to Friday, 9 AM to 5 PM – UK time.