The holiday numbers are massive and every small business online retailer wants to take a bite of it. That’s why they increase their inventory level, create new selling channels, spend in marketing. Does all that boost their online sales and provide them to take a larger bite of the holiday sales?
Multi-Channel Accurate Inventory
Absolutely not! Even if you have higher level of inventory in your warehouse during that season than the rest of the year, you need to manage that inventory accurately and real-time. So that you can push your accurate inventory figure to your multi-channel selling channels and not miss any sales opportunities or oversell. If you can’t show your accurate inventory quantity to online consumers, what is the point of having all that inventory sitting in your warehouse!
The best way to achieve accurate and real-time inventory is to do barcode scanning for all your inventory transactions. And also to have real-time connection to all your sales channels.
Handling Order Returns By Customers
The biggest challenge of the holiday season is dealing with the inventory returns. If you don’t use an inventory management system to make order fulfillment more accurate, you might end up receiving tons of inventory returns. The inventory management system will make sure you ship the right items against the right order. Besides the inventory management system will also help you handle the returned products and make them sale-able products again.
See how Logiwa will help you tackle these challenges and help you boost your online sales.
Written by Cagdas Yildiz
Cagdas Yildiz is the Chief Customer Success Officer and Co-Founder of Logiwa.