Inventory Management

byLouisaB

7.1K followers

7 years ago

Ecommerce Business Owners:

I am just sharing this information with you all, so feel free to comment and leave me your like.

My Experience:

Thank You,

Setting up an online shop or store seems like it is not as easy as it sound. Since your products are the core of your business,Good Inventory Management is essential to making sure your customer are taking care of and their needs are being met.

Most of you are ecommerce business owners, and having to deal with all facets of the operation. Well, today i was seeking information about the in and outs of having an online physical store with tangale products.

Three years ago, I started up an online closet selling second clothing store. The responsibility of setting it it was not difficult, although, I need to Keep inventory in my office space, actually, I made a large wardrobe in one 12'12' room for storing products and of inventory. https://second-best-fashion-my...

Buying and selling second cloths and accessories is a fun and cheat hobby that I started doing back in the early 70's. Since, I have always had great intentions on starting an online store. Stumbling across www.poshmark.com was a great privilege. I didn't need no startrup or up front cost, and up to this day, three years later, I haven't paid nothing but shipping cost for a postage that cost cetween $4.99-$6.99. This amount pays for all my individual packages. Of course, I have to pay more if I mailed out a huge package weighing 10lb or more. Fortunately, I have not had to pay over the amount for a printed postal label yet.

Over the past couple of months I have been urge to start-up an eccommerce store, but is under decided about the cost to set up and sell other companies products. I don't relly no what the up front cost would be, and, i sure know it won't be free like the above mentioned. Anyway, Shopify, has been getting some good ratings https://tiny-toys-cheap.com ."Shopify inventory Management platform is designed to make your life easier and your customers happier."

At Second Best Fashion, Setting up an organizing my products,managing product variations is easy to do. Below are some technicalities that I did'nt have to engage in.

• Assigning Barcodes
  
• Tracking Stock Counts
• Apps and Plugins

Simple Quickbooks were used with the best inventory management practice. With this application you can keep track of your products, and reduce errors.

Whether you're running an ecommerce site, shop online or you're the proud owner of a brick and mortar store,good Inventory Management is the Key. Whether you're selling on amazon,Ebay,shopify or where else...

Here are 9 Delicious Benefits about your Ecommerce businss include, but not limited to;

• backup stock
  
• dropshipping
• forecasting
• inventory velocity
• blanced sales and demand
• geographical bebefit
• realtime inventory
• information
• centralized inventory system

What I have learned from running my online store is that Customization is key to a well productive online store.

This is a long story, so I will make it short, and resume back with Part 2 another time.

Teddy Bear really touched on more than I can ever think or have the knowledge about,so i thank him for the great trainings he are sharing with the community. Scoty, Where are You?