“We’re Global Now!” Great. So where’s your stock? What currency’s it in? And who’s keeping track? Going global sounds slick. But behind the scenes? It’s not always what it seems.You’re buying in 3 currencies. Selling in 5. Stock’s moving across borders and your systems are pretending everything’s fine. They’re not. What Most Businesses Think They’re […]
Each product should have one stock level, all managed through a single system, giving you real-time visibility across every sales channel. Selling on multiple channels is great for growth until your sales channels go out of sync (or worse, aren’t in sync at all). For example:- You’ve got an item in stock. Shopify says 8, […]
Returns cost more than you think. Time, money, space, customer satisfaction – it all adds up. And when you’re selling across multiple channels, the complexity (and cost) multiplies. UK retailers are expected to lose £27 billion to online returns in 2024 (Retail Economics / ONS, 2024)….that’s after refunds, wasted stock, delays and admin. Each channel […]
Doesn’t matter if it’s B2B or B2C, if your platforms aren’t synced, you’ll oversell on one and stock out on another. Overselling, stockouts, missed orders…they all start with bad data. If your inventory isn’t tracked in real-time across every channel you’re operating without control. A recent survey by BDO revealed that 29% of mid-sized UK […]
Inventory problems hit where it hurts – cash flow. Too much? Locks up cash. Too little? Missed sales. And if your sales channels aren’t talking to each other and in sync, you’re in chaos.Overstock and stockouts might seem like opposite problems, but they both hit your bottom line. In the UK, 99% of retailers say […]