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Inventory Management

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In retailing stock management, SKU proliferation seems like a good response to a customer’s changing demands. However, the extra SKUs that get tacked onto the inventory management system makes it harder to track, control and forecast the pipeline.  In this post, we’ll dive into what SKU proliferation is, its pros and cons, what causes it and when is enough really enough! What is SKU Proliferation? SKU proliferation is the process of expanding your inventory by…

Inventory management is hard enough without a seasonal inventory. If your business deals with goods that sell during a specific occasion or season, your inventory is said to be seasonal since it’s in high demand only during a certain occasion and/or time of the year. In a seasonal inventory, you can never be too sure of product adequacy and whether some items in a particular product category will be more in demand than others.…

Earlier, we discussed processes, methods, terms, techniques, and everything else there is to know about managing inventory for your eCommerce business in detail. This time around, we have compiled a list of formulae that come in handy for quick calculations while you do all that. Check out now and save them for later. Are you looking for an omnichannel inventory management solution with integrated B2B order management for your eCommerce business? Drop us a line…

As per a report By IHL, ineffective inventory management costs eCommerce businesses a whopping $1.75 trillion in lost revenue every year. Now that nearly sums up why you need to manage your inventory in order to seamlessly operate your business. We will not leave you hanging over these figures though.So, here we are taking you on a detailed dive into the advantages of inventory management that you should be acquainted with. Before we start with…

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