Centralized Inventory Management and Tracking In Real-Time
- Best Buy Marketplace*
- The Marketplace at Sears.com*
- Network Solutions
- Internal Warehouse
- Drop shipper
- Amazon FBA
- Third Party Logistics Provider (3PL)
- Retail Locations
- Drop shipper
Barcode Scanners / RFID Systems
*Integrations available in Q2 2015
Multi-Channel Inventory Synchronization
SalesWarp’s multi-channel inventory synchronization is ideal for retailers selling the same products across multiple online stores, marketplaces and brick-and-mortar locations. When a product is sold on one store, SalesWarp updates inventory of the product in SalesWarp and then pushes the update to every other channel. This way, inventory availability is consistent across every channel, preventing overselling and cancellations. For retailers selling the same or different products across multiple stores, SalesWarp will remove products for sale when an inventory threshold is met.
Real-time Inventory Tracking
With SalesWarp’s centralized inventory management system, a retailer gains visibility into inventory from a number of different perspectives. From a product level, a retailer can view real-time and historical inventory levels spanning every movement in inventory. A retailer can also view a real-time dashboard of the quantity for sale on every channel and quantity stocked at every location. From a location level, a retailer can view the inventory levels and products stocked at the point of location.
SalesWarp breaks down inventory levels into Quantity on Hand, Quantity on Reserve, Wholesale Quantity for Sale, Quantity for Sale and Open PO, so a retailer can always track different movements in inventory.
Automated Purchasing and Receiving
SalesWarp’s Inventory Management software uses thresholds and re-order rules to auto-generate purchase orders through SalesWarp’s Supplier and Purchase Order Management tools. Inventory thresholds can be a minimum quantity on hand or an inventory margin, set to ensure inventory is always in stock in the case of an unknown circumstance. Once an inventory threshold is met, SalesWarp identifies the preferred supplier and generates a purchase order based on the re-order rules that define the amount of stock that needs to be replenished. Gearhead.com uses SalesWarp’s Automated Purchasing and Receiving to manage their JIT inventory of over 1.5 million products.