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 […]
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 […]
Selling across eCommerce, retail and wholesale? Then you already know the headache – stock everywhere, systems that don’t talk to each other and errors that eat into your profits. Here’s how to fix that. Five simple ways to streamline Multi-Channel inventory management – and boost your bottom line while you’re at it. 1. Centralise Inventory […]
Omnichannel fashion is the norm – shoppers expect a flawless experience across every channel. They move between online and instore effortlessly – your inventory should too. They browse on Instagram, check stock on a website and pick up instore – without a hitch. But behind the scenes, managing this complexity can be a nightmare without […]