The Problem

Global Inventory Management

Planning for and stocking the optimal amount of inventory ensures a great customer experience and no sales interruptions, regardless of channel.

When multiple warehouses, physical store locations and real-time online sales connect, many inventory management systems fail to deliver accurate inventory counts. Not knowing where your inventory is and how much is on hand can lead to loss of revenue and customer service issues. The stakes are raised even higher when that business takes place all over the world, in different time zones and languages.

Problems:

• Inventory updates are slow to update, and often inaccurate.
• Cannot track inventory across multiple locations.
• Inventory is being over- or under-sold.

If this is the case for you, here’s how you’d use SkuNexus.

The Solution

SkuNexus Inventory Management

SkuNexus connects to all sales channels - so you can connect your physical store locations and eCommerce and marketplace channels to the system. You can also connect your inventory and its locations - physical stores and warehouses - to the system. Having this information in a single system is a huge advantage, and directs employees to a single source of truth wherever they are.

Employees in warehouse and physical stores use the system to do their jobs, and inventory is automatically tracked from ordered to shipped to delivered, which can be seen from a single accessible dashboard. Best of all, they’ve done all of this without having to go to the IT team.

Solutions:

• Inventory count is updated in real-time from all sources in a dashboard.
• Inventory locations are tracked down to the specificity you require (ie. aisles, bins).
• Forecasting information is accurate, so stock-outs and oversells are few and far between.