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Showing posts with the label magento inventory management

E-store Owner’s Guide to Selecting the Right Magento Inventory Management Extension

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Migrating your business on Magento platform does take a lot of stress away as you no longer have to maintain your brick and mortar store or worry about the number of visitors that visit your store. Yet, you still need to handle the inventory and warehouse management processes. “Being properly prepared is one of the biggest assets in business.” – says Keeth Smart, one of the most popular American Athletes. The question is, do you? If your answer is yes, mull over the following questions and rethink. Do you have the system that calculates safety stock levels every 6 months? Do you know how often you might have to order new inventory products by keeping the current inventory expenses and account changes in mind? Do you have a process in place that helps you find out the reasons behind the dumping of extra products in your warehouse and how to deal with it? Can you apply effective inventory management practices on all aspects of your inventory? (not just finished goods) How abou

How to Make your Magento Inventory Management System Ready for Your Upcoming Sales?

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Distributors in any industry have to carry an extensive amount of inventory and stock that meet the demand of entire customer base. It often happens that Magento store owners wish to take maximum advantage of their upcoming sale or discount campaigns and add more stocks in their warehouses. This process often ends up with excessive load in warehouses and at distributors’ docks. And this is the stage where most of the inventory nightmares take place. Thus, it becomes important for enterprises to manage the inventory while streamlining the delivery process. You cannot afford to have a scenario of misplaced and damaged products or wrongly delivered orders. In this blog, we will discuss about some practices that can make your Magento Inventory management intact for upcoming sale. Let us start with the four pillars on which you must pay more attention to get the best out of your upcoming sale. These pillars where your process should lay upon are as follows: Timeliness: All your ope

5 Reasons Why You Need An Inventory Management System for Magento!

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Magento is one from the many popular ecommerce solutions available out there in the market. Most of the giant businesses are using it to sell their amazing product. However, with increasing needs and requirements of businesses, at times, Magento fails to cater certain needs of a business. As your business grows, eventually you will need more advanced tools to manage your store. A Magento inventory management software would be an ideal solution to manage your ever-increasing business. Inventory management is one of those practices every company knows they need to spend more time on. Yet, very few are willing to put in the effort required to stay up-to-date and current. The good news is that modern inventory management software solutions have significantly reduced the commitment required to efficiently monitor and manage inventory. Here are some of the reasons you should consider integrating a Magento inventory management software in your store: More Clarity: This is the first

Magento Mobile Inventory System: From Stock Management To Reporting

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Today’s world is running on apps, and we see shoppers are always connected with a large number of applications. Apps have transformed the online shopping experiences as well as store level expectations. The remarkable change buyers expect to meet their favorite eCommerce stores. Mobile apps have exceeded the consumers’ expectations by offering diverse inventory systems on mobile. Today, retail inventory management can easily be controlled through apps. MageMob Inventory is one such Inventory Management app that offers a complete control on your stock and suppliers with purchase order generation and barcode scanning! Store owners can efficiently manage stock order status, shipping costs, purchase orders and goods received. All these can be performed on-the-go! Thus, it fulfills all the needs of merchants as well as customers. The key benefits of Magento Inventory Manager are, Fits All Sized Businesses Be it small, medium or large, this application is offered to all of them

3 Things to Consider While Choosing Magento Inventory Management Extension

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Are you running a Magento based ecommerce store? If yes, you might have faced a situation wherein you have disappointed your customers. And thereafter, you had to send them an email saying “Your order is cancelled due to non-availability of stock.” Well, one of the major reasons behind the occurrence of such situation is - poor inventory management. A superior inventory management process is imperative for running a successful ecommerce business. Tying up your cash with more stock or having too little inventory; both these scenarios can have a negative impact on your business, customers, and finance. To overcome stock-in and stock out related problems in Magento, you would need a Magento inventory management extension . It is quite baffling to choose the right inventory management extension as there are several companies providing similar Magento extensions. To help you get over these confusions, we have come up with some pointers that can help you make the right choice: Rea

Significance of Magento Inventory Management and its Use Cases

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As per Forrester Research, Online sales in the United States are expected to reach $523 billion in the next five years, up 56% from $335 billion in 2015. So more customers will be approaching E-commerce websites for their shopping. In such scenario, what will be the key aspect to look at for an E-commerce web store owner. For getting more sale, website should have more products. More the products, more will be its management. Yes ! you are guessing it correctly, efficient inventory and warehouse management will be a key aspect all e-commerce should focus on. Why and How is it Essential? Without a precise view of inventory levels and multi-location support, your business is at risk for stock-outs, unnecessary holding costs, overselling, and potential overstocking. Hence. efficient inventory management is needed the most. For Startups Generally for a startup web store, opting for an effective magento inventory management software might be a long-term goal. But it can pro