The Power of Kits in SKULabs: Maximizing Inventory Efficiency for your Assembled Products

How can SKULabs kits and kitting function help you? As businesses continue to grow and adapt in the modern digital age, optimizing productivity and efficiency is key to staying competitive. One tool that businesses can utilize to enhance their operations is the power of kits in SKULabs. Particularly useful for companies that sell items made from different parts or ingredients that make up a whole item for sale. Kits in SKULabs provide an innovative way to manage inventory, and take the guesswork out of deducting the right amount of component items that make up each of your finished products. 

Understanding Kits in SKULabs

SKULabs is an all-in-one ecommerce operations software that offers inventory management, order fulfillment, and multi-channel synchronization. One of its powerful features is the ability to create “kits”, which are composite products made up of multiple individual items.

For businesses that sell assembled products or items that require several components, kits can streamline inventory tracking and order processing. This functionality allows businesses to sell multiple items as a single unit, which can result in improved sales, an enhanced customer experience, all while taking the stress out of your inventory management operations.

The Benefits of Using Kits in SKULabs

Fast and Efficient Inventory Management

Managing inventory is a crucial part of any business, but it can be particularly challenging for companies that deal with multi-component products. With SKULabs kits, inventory management becomes significantly more efficient. Each component of a kit has its own SKU, allowing businesses to accurately track each item’s stock level individually. When a kit is sold, the inventory levels of each component are automatically adjusted, ensuring accurate and up-to-date inventory counts.

Improved Sales Opportunities

Kits can also create new sales opportunities. By bundling related items together, businesses can encourage customers to purchase more items at once, boosting the average order value. Furthermore, kits can be a great way to sell leftover or slow-moving inventory by pairing them with more popular items. 

Enhanced Customer Experience

Offering kits can also enhance the customer experience. Customers appreciate the convenience of being able to purchase a ready-to-use kit rather than having to buy each component separately. This is especially true for items that are typically used together or for DIY projects that require numerous parts.

Real-life Application: Electronics and Food Industries

Electronics Industry

In the electronics industry, many products are assembled from multiple parts. For example, a computer might be made up of a hard drive, memory, processor, and more. Using kits in SKULabs, each component can be tracked individually, and assembled products can be sold as a single SKU. This makes inventory management and order fulfillment much more efficient.

Food Industry

For the food industry, SKULabs kits can be invaluable. A business selling meal kits, for instance, could use the kit feature to manage the individual ingredients needed for each meal. When a customer orders a meal kit, the SKULabs system will automatically deduct the correct quantities of each ingredient from the on-hand inventory counts.This can even be used if you track your inventory by volume or weight!

Kits in SKULabs provide an innovative way for businesses to streamline how they both track and advertise products that require assembly of various components. Offering an automated ability to accurately track how many of your component items are on-hand, and how many assembled products you can advertise. Advertised amounts can even be further customized using their configurable stock rules. Whether you’re in the Electronics industry, food industry, or any other sector where products are composed of multiple items, consider leveraging the power of kits in SKULabs to take your stress and confusion out of inventory management.

Connect with SKULabs Today!

Now is the perfect time to discuss how we can help you track and advertise your multiple component items with maximum efficiency. Chat with one of our experts to learn about the most advanced kitting functionality in the industry today!

Schedule a meeting or give us a call at 1800-243-2986 to learn more.