ecommerce Inventory Management Software
eCommerce management software is an integrated multi-channel comprehensive solution that gives sellers, buyers, and their internet hosting service providers to work seamlessly via multiple online pages, blogs, online stores, and mobile applications. eCommerce solutions streamlines your interactions with customers so that you have better control over your online campaign. With the use of eCommerce software solutions you can offer a wide range of products to your clients. Ecommerce management software solutions enable you to create a customized shopping cart that offers your customers a more flexible and easy to use shopping environment.
Most ecommerce management software includes a fully featured order fulfillment application that includes advanced order entry features, inventory control, item sourcing & inventory control, sales management, order routing & delivery, as well as a fully integrated CRM (customer relationship management). In addition, the order fulfillment application helps online sellers to reduce the cost involved in managing the supply chain. Most of these applications are compatible with leading ERP systems including Oracle, Microsoft, IBM, and SQL Server. The key features of ecommerce fulfillment software include:
This is the core module of an ecommerce management software solution. It provides all the functionality required by ecommerce sellers such as sales management, accounting, data collection, reporting, and inventory. This module performs all functions that are crucial for an effective and successful ecommerce business. eCommerce developers use this module to set up payment gateway options, set up catalogs, create discounts, publish prices, accept online payments, manage stock, perform cross sell and merchandising, checkstock status, enter and finish sales, manage and track customer orders, accept online credit cards, enter orders, enter shipping information, create and cancel sales orders, calculate taxes, and integrate with other modules such as shopping cart software and shopping user interface. A good order processing software should be capable of generating bar codes to facilitate point of sale or electronic barcodes.
This is one of the most important modules of any ecommerce management software solution. This module makes available real time information regarding the inventories of the stores. ecommerce management solutions enable manufacturers, distributors, shippers, wholesalers, suppliers, retailers, liquidators, importers and exporters to obtain detailed information about their stock at any time. This enables multi-warehouse operations. For instance, if there is a warehouse management system installed, it can provide real time information regarding inventories of goods, the location of storage facilities, location of distribution centers, current rate of goods in storage, and the total rate of goods ready to be sold.
Warehouse management is one of the most critical functions of an ecommerce management software solution. An efficient warehouse management system can reduce the risk of costly loss through unplanned stop and delivery. The warehouse management system can provide information on the quantity of stocks available, their location, stock status, quantity and location of stocks. This can help traders and other warehouse owners in planning and organizing warehouse activities such as pick and pack, pick and drop, warehousing and off storing, transport and unloading. It can also assist in planning and executing warehouse operations. For instance, with the help of the warehouse management software, many ecommerce sellers can estimate the freight costs and integrate this cost into their pricing strategy.
An ecommerce inventory management software solution is very helpful in calculating the costs of merchandise. This can help users to plan the stocking rate of items as well as the costs involved in replenishing and re-supplying of items on various websites. The inventory management system will help traders in reducing order rejection as well as provide information regarding available stock and anticipated future stock requirements. This helps traders by enabling them to make decisions regarding inventory purchases and supply chain management. By having an accurate inventory management system, ecommerce websites are able to offer a cost effective and efficient ecommerce solution to their customers. This link https://en.wikipedia.org/wiki/Types_of_e-commerce sheds light into the topic—so check it out!
