5 Wholesale Inventory Management Tips for Ecommerce Distributors

Wholesale inventory management

As a wholesale distributor, you face unique challenges that other ecommerce businesses don’t. Your orders are larger, your daily shipping volume is greater, and your long-term customers are more demanding. Your wholesale inventory management solution needs to be up for the challenge. Here are some tips to turn your warehouse into a lean, mean turnaround machine:

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Introduction to Serial Number Inventory Tracking

Serial number inventory tracking through barcode scanning

Inventory management is most often handled on a per-SKU basis. All units of a SKU are summed up into one large quantity. Sales, shipping, and receiving then deduct from that lump sum. This is the ideal inventory management solution for most online retail businesses. It’s fast, simple, and serves your warehouse’s needs without getting in your way.

But what if your business requires you to track individual units in your warehouse? This is something that even the most advanced inventory control workflows can struggle with. How can you track single units that are being lumped together under their shared SKU? The answer for many businesses is serial number inventory tracking:

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5 Warehouse Organization Tips for Ecommerce Retailers

Warehouse organization layout

Your warehouse is arguably your most valuable business asset. This is where your goods come in and orders go out, and the speed and efficiency in which these things happen is vital to your success. It makes sense, then, that you may be concerned about warehouse organization. Keeping this priceless asset tuned can make a huge difference in how your business runs. Let’s go over a few ways that you can take your warehouse organization to the next level:

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Managing Inventory Across Multiple Warehouses

Multi-warehouse inventory management

If your product inventory is split up between multiple warehouses, you know how complicated and frustrating multi-location inventory management can be. Running out of stock in a warehouse can ruin your order fulfillment workflow. Stock and sales counts can fall out of sync too easily. You just don’t have the time to keep up with counting your stock for all of the warehouses they’re kept in.

Fortunately, there are some simple ways to make your inventory management workflow go more smoothly when dealing with multiple warehouses. These adjustments can reduce the time spent counting stock, reduce out-of-stock and out-of-sync occurrences, and streamline the transfer of your inventory through your supply chain.

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