Inventory is the sum of tangible goods, products or services you provide to your customers. The respective goods are itemized and catalogued into an inventory management system. Inventory is a part of a company's assets that are either ready to order or will be ready for sale soon.
Our inventory module can assist you to track individual items from purchase to sale, thus sustaining control of the company’s stock at all times. The goods that are noted in a catalogue can be either raw material, goods that are in production or finished products. E-commerce businesses most likely deal with the latter or finished goods that are currently in their charge.
Our inventory management software is designed to assist small and growing businesses efficiently and manage their inventory across multiple channels and devices.
Product inventory is a substantial asset as it's a real-time evaluation of the revenue a company is generating. If an ecommerce store can't move product from its inventory, it is clearly stumbling to make sales and must modify its operations, otherwise it won't acquire bottom-line revenue.
Here is a list of the main usability that you can find within our additional Inventory Management module:
Costs and sale prices in any currency, including or excluding VAT:
Prior to the beginning to use the inventory management module you must compose the following sections so that your data is processed accurately:
Furthermore, to help ecommerce store owners’ measure how their products are selling, inventory management provides a number of other benefits to online retailers as well:
Inventory is often the greatest item a business has in its current assets, meaning it must be precisely monitored. Inventory is counted and valued at the end of each accounting period to determine the company's profits or losses.
Check our customers success stories.
Luhaif Digitech is handling our website from last 3 months and we are fully satisfied with the outcomes we are getting. It is one of the best digital marketing companies based in New Delhi. We would highly recommend Luhaif Digitech for Digital Marketing, Website Designing, Branding, etc.