Inventory can be kept at multiple locations. This means that managing and them can take up a lot of time. Having all inventory locations in one unified platform helps to streamline how you manage and operate your inventory. Gain real-time insights and make smart inventory decisions for all your stock locations.
Why use Multi-Warehouses Inventory Management Software?
As your business grows, so will the locations where you handle your inventory operations. Managing inventory across multiple warehouses can be a challenge, especially when you are dealing with high inventory turnover.
A multiple warehouse inventory management solution will help you to keep real-time track of all your inventory items, in one unified interface. It does not matter where your warehouses are located, from which sales channels they fulfill orders, or if your inventory is located in stores.
Managing Stock Across Multiple Warehouse Locations
Use Marello’s multi-source warehouse management tools to record sales and purchases of inventory. Gain a complete overview of inventory mutations, enabling your business to react quickly to supply chain needs. Instead of updating inventory at set intervals, real-time inventory systems record every mutation (such as purchases of new inventory and outbound orders) in real-time.
- Avoid stock-outs and excess inventory as your inventory levels are always up-to-date
- Enhance customer experiences and never lose customers again. Always have adequate stock for your product in-store or online.
- Support your accounting and finance team. Provide an accurate picture of how much inventory you need at the right times.
Optimal Inventory Levels in all Warehouses
Inventory management is one of the most important processes in commerce. Yet it can be time-consuming to get it right. Inventory management is like a balancing game; Having too much inventory means spending extra money on storage, or risking reaching expiring dates while having too little inventory means missing out on sales.
Marello’s multi-warehouse inventory management software allows you to keep track of demand in sales channels and calculate the inventory needed to fulfill the channel needs. This is called inventory balancing.
Also, you can easily set up when new inventory should be purchased, to making sure you never run out of stock.
Streamline Purchase Orders
Create and manage suppliers, purchase orders, and keep track of the progress. Marello’s PO tools digitized the full purchase order processes. Keep all information in once place so all teams involved can keep track of the status of every PO order and plan the next steps.
Pick-and-Pack: Multi-Warehouse Fulfillment
Having multiple warehouses results in many challenges in fulfillment. From figuring out the best fulfillment route to splitting orders, and figuring out the optimal safety stock, there are many processes to keep in mind.
Marello’s comprehensive multi-warehouse tools help to streamline all processes surrounding fulfillment, including:
- Creation of packing slips
- Split shipments
- WFA: Smart Order Routing
Brick-and-Mortar Stores Inventory
Does your business also have brick-and-mortar stores? If so, your stores will be an important part of your omnichannel strategies. With multi-warehouses management software, you will be able to use your brick-and-mortar stores inventory and enable many powerful omnichannel capabilities such as:
- buy online pick up in-store (BOPIS)
- return in-store
- refund in-store
and much more.
Related Multi-Source Inventory Information
About setting up multiple warehouses: