If you are a business owner and you are asked to describe an ecommerce company like Amazon in one word, you would probably say “Innovation” or “Tech Giant.” But answers like these prove that you might be looking at it at a very superficial level. There are a lot of factors responsible for the success of companies like these. At their core are the biggest inventory management systems that enable them to make successful deliveries globally.
As several ecommerce stores of today run on Magento 2, they need to cope with the challenges of POS Management and everyday inventory. And to be able to do that successfully, it becomes imperative for them to embrace a Magento 2 Warehouse Management Software. How do these extensions help and what are the best practices in Magento Inventory Management? Read through this article to know:
Inventory Updates in Real Time
Two major ways to ensure that you are successfully managing your stocks is; you do not fall short of them and that the inventory does not tie up your finances. But that is not enough. To cope with the ever-changing demands of today’s customers, you need to have stock updates in real time. Using a Magento Stock Management Extension, you can cope with such situations and get stock updates on real-time on your mobile.
Efficient Supply Chain Management
Supply Chain Management process is of huge importance in any business. It is a journey that includes several activities like material planning, procurement and integration, warehouse fulfillment, distribution/shipping and returns. A Magento 2 Mobile Inventory Management Software makes your ecommerce supply chain efficient by keeping a track of warehouses, stocks, suppliers, orders etc.
Inventory Management Extensions
If you search for “Magento 2 Warehouse Management extensions
” online, you are sure to find several IT companies that promise excellent products. However, some of these extensions integrate Magento directly into their systems and use Magento as the inventory master. But you must know that point to point integration is not a scalable practice.
Find a Magento inventory management software that can be easily configured and used. All you need to do is install the inventory management extension, download its mobile app, and connect both. Thereafter, you would be able to conduct stock management, warehouse management, supplier management, purchase order management etc. on the go. It will also provide you with Sales Order Details and Analytical Reports with relevant details about orders, customers, and products.
MageMob Inventory for Magento 2 is an extension that helps e-store owners with effective inventory management on the go. It has features that are originally not available in default management systems.
Find out more about the product and its features by, clicking here