Selling on Shopify, Amazon, and your own B2B portal? Congratulations, you’ve entered the thrilling world of multichannel chaos. But fear not! With Unleashed and TIDE, you can master your inventory across all platforms, syncing sales in real time and saying goodbye to spreadsheet nightmares. The unleashed inventory system is essential for multichannel sellers who want fewer stockouts, faster orders, and more peace of mind. Unleashed inventory and TIDE are your dynamic duo. Keep reading to discover how this powerhouse combination can transform your business.
Understanding Multichannel Inventory Management
Managing inventory across multiple sales channels can feel like juggling flaming torches. One misstep, and things can go up in smoke. Without the right tools, you’re looking at stockouts, delayed orders, and unhappy customers.
The Challenges of Multichannel Sales
Stock Control Across Platforms
Imagine this: a customer purchases your last handcrafted lamp on your Shopify store. An hour later, another customer orders the same lamp through your Amazon marketplace. Now you’re out of stock and scrambling to explain the delay. Each platform operates in its own bubble, making it tough to keep stock levels accurate without a centralized system.
Order Fulfilment Complexity
Selling on multiple channels means orders are coming from all directions. Coordinating shipping times, stock locations, and customer expectations becomes a logistical puzzle. Without integration, fulfilling orders promptly and accurately is a constant challenge.
How Unleashed and TIDE Address Multichannel Needs
Centralized Inventory Management
Unleashed offers a unified dashboard where you can monitor and manage inventory across all sales channels. No more hopping between platforms or drowning in spreadsheets. Everything you need is in one place, updated in real time.
Sales Channel Integrations
Enter TIDE. This powerful tool seamlessly integrates Unleashed with major eCommerce platforms like Shopify, WooCommerce, Amazon, and more. It ensures that data flows smoothly between systems, keeping your inventory and order information consistent and up to date.
Configuring Unleashed and TIDE for Multichannel Sellers
Setting Up Sales Channel Integrations
API Connections
TIDE utilizes APIs to link Unleashed with your various sales platforms. This connection allows for real-time data exchange, ensuring that inventory levels, orders, and customer information are always current.
Data Mapping
Proper data mapping is crucial. TIDE ensures that product SKUs, descriptions, and prices align across all platforms. This alignment eliminates errors and discrepancies, providing a seamless experience for both you and your customers.
Managing Inventory Across Multiple Warehouses
Warehouse Management Features
If you operate multiple warehouses or fulfilment centres, Unleashed allows you to define and manage these locations within its system. You can allocate stock based on region, demand, or sales channel, optimizing delivery times and reducing shipping costs.
Stock Transfers
Need to move stock from one warehouse to another? Unleashed makes it simple to initiate and track these transfers. Combined with TIDE, these updates are reflected across all sales channels, ensuring accurate inventory representation everywhere.
Optimizing Inventory for Multichannel Sales
Real-Time Stock Synchronization
Preventing Overselling
With real-time updates facilitated by Unleashed and TIDE, you can prevent selling the same item on multiple channels simultaneously. This synchronization reduces the risk of stockouts and the need for order cancellations.
Ensuring Accurate Stock Levels
Live syncing across all channels provides a clear picture of available, committed, and incoming stock. This visibility helps in making informed purchasing and sales decisions, keeping your operations smooth.
Streamlining Order Fulfilment
Order Routing
Unleashed enables you to route orders based on stock location, customer proximity, or predefined fulfilment rules. This capability speeds up delivery times and enhances customer satisfaction.
Shipping Integrations
Integrated shipping tools within Unleashed allow for automated label creation, tracking, and delivery updates. Customers stay informed about their orders, and your team spends less time on manual shipping tasks.
Best Practices for Multichannel Inventory Management
Implementing Effective Stock Control Measures
Safety Stock Levels
Maintaining a buffer of safety stock helps absorb fluctuations in demand and unforeseen delays. Unleashed allows you to set these thresholds per product and warehouse, ensuring you’re prepared for any situation.
Stock Rotation
Utilizing methods like FIFO (first-in, first-out) or FEFO (first-expired, first-out) ensures that your inventory moves efficiently. This practice reduces waste and maintains product quality, especially for perishable goods.
Utilizing Data Analytics for Inventory Optimization
Sales Forecasting
Unleashed’s historical sales data and reporting tools help you predict future demand. This foresight enables you to prepare for peak seasons without overstocking or understocking.
Inventory Performance Reports
Understanding which products are performing well and which aren’t is crucial. Unleashed provides insights into sales trends and profit margins, allowing you to refine your strategy and boost your bottom line.
By combining the robust capabilities of Unleashed with the seamless integration power of TIDE, managing multichannel inventory becomes less of a juggling act and more of a well-orchestrated performance. Say goodbye to stock chaos and hello to streamlined success.
Master Multichannel Inventory with Unleashed & TIDE
Read more about multichannel stock visibility.