Uploaded on Nov 19, 2021
Omnichannel Inventory management solutions involve intelligent inventory management across all sales channels like brick and mortar stores, eCommerce online stores, mobile pop-ups and social media businesses. https://www.slideshare.net/SakshatPuro1/different-ways-in-which-omni-channel-inventory-management-can-help-you-to-grow-your-business
Different ways in which Omni Channel Inventory Management Can Help You To Grow Your Business
WELCOME
Different ways in which Omni Channel
Inventory Management Can Help You
To Grow Your Business
Omnichannel Inventory management
• Omnichannel Inventory management solutions involve
intelligent inventory management across all sales channels
like brick and mortar stores, eCommerce online stores,
mobile pop-ups and social media businesses.
• Efficient management of every sales channel gets
complicated. It can be uncomplicated with the help of
omnichannel inventory management solutions, as this
software allows retailers to conveniently track inventory
levels across all sales channels on a single platform.
1. An Integrated Supply Chain
• Omnichannel inventory management solutions make it
possible for connecting different ends of the supply chain.
Retailers must invest in omnichannel inventory software that
can integrate with critical retail business operations like
shipping, accounting etc.
• The solutions offer a centrally located system where all
inventory activity and data is straightforward. All orders are
synced simultaneously across all sales platforms that helps
retailers to control and manage different inventory processes
that get carried out inside stores for offline and online sales.
• With an integrated supply chain, you will never be out of
customer favorite products, resulting in a profitable and high
revenue-generating business.
2. Maintain Authentic Product Visibility
• Many retail businesses face awkward situations where certain
products are shown as in stock but cannot be located within
the inventory.
• It is why today’s retail businesses must invest in inventory
management systems as they help maintain product visibility
by storing accurate inventory data between all sales channels
within the omnichannel inventory management software.
• ETP’s inventory management solutions help retailers view in-
stock products in real-time format and allow physical counting
of the inventory offline using a handheld device, recording and
uploading it into the application. The feature helps to reduce
the risk of out of stock or understocked inventory.
3. Organized Inventory Management
• Intelligent inventory management solutions like ETP’s
omnichannel inventory solutions help retailers generate reports
on previous sales to chart peaks. With these solutions, retailers
can analyze which products are in demand and sell quickly, which
again helps them make informed product stocking decisions that
pump up sales and revenues.
• Further, since omnichannel inventory solutions give access to
real-time data, employees can quickly check for stock availability
at specific locations in real-time. Also, retailers can monitor costs,
discounts and sales across operations.
4. Productive Warehousing and Order Fulfillment
• Innovative inventory solutions let retailers send inventory
requests to warehouses and offer a robust warehouse
management system that helps retailers make their
warehousing operations more productive.
• Retailers need inventory solutions that are accurate, fast
and reliable.
• ETP’s inventory solutions have the stock transfer feature
that allows retailers to manage the inter-store stock transfer
conveniently, warehouse to store stock transfer, store to
warehouse transfer and direct to store deliveries, thereby
growing retail businesses.
Grow Your Business With ETPs Intelligent Omnichannel Management Software
• The software is the ideal inventory management solution for
your retail business. It aims at creating a superior and
seamless customer experience across all your retail stores.
• It is a well rounded and robust inventory solution that
provides comprehensive and powerful stock management.
Comments