If you’re still using spreadsheets to manage the inventory of your growing small business, you’re probably facing some pretty serious challenges. One of the most potentially costly ones is inaccurate data. Even the best data entry specialist makes occasional mistakes. A customer receiving the wrong product because the twelve-digit UPC code was off by a single digit is embarrassing. There are things you can do to avoid losing that customer. For example, you could offer them a replacement free of charge and a gift coupon for 50% off their next purchase. However, a data entry error in your inventory system can result in your not having a sufficient number of promised sale items in stock to ship at all. You want to be able to do certain things in bulk, like buying popular products at deep discounts and printing shipping labels. Disappointing customers in bulk could mean the end of your small business. Another common challenge small business owners who haven’t yet invested in an inventory management system face is effective warehouse management. Not being able to see exactly what you have and where can mean paying for storage you don’t need. Efficient monitoring and control of storage fees and shipping costs is essential for the success of any ecommerce business. Order management comes with its own set of challenges. Once upon a time, people in retail used to say “The customer is king.” In today’s high-tech world of ecommerce, instant gratification now shares the king’s throne. If an item isn’t available at one store for next-day delivery, customers look elsewhere. That’s why a growing number of small businesses have started looking for help, starting with either inventory app free offers or simple inventory software free offers.
Free inventory software can teach you a lot about what features are available. Ecommerce is a lot like chess. If the customer is king, you can look at the features of an inventory management software system like the king’s powerful protective army. Bishops, knights and rooks each have their own special powers. One of the biggest problems with using the free inventory management software in Excel is finding other offline free inventory management software that’s compatible with it. While it’s possible to find a free inventory app with some useful features, it’s much harder to find a free mobile inventory app compatible with a sufficient number of other free offers to piece together a comprehensive system. Even the best free inventory app isn’t scalable, though. While you’re researching features, it’s a good idea to exercise caution if you see “open source inventory management software - free download”. That’s because some free downloads come complete with viruses. While it’s undeniable that open-source software drives innovation, it’s also true that you don’t want to use your customers as test cases to see if their latest upgrade works. Upgrades often make software that was previously compatible incompatible, too. That means that your system could be down until developers create a patch to fix that bug. In chess, the queen possesses all the powers of the bishops, rooks, knights and pawns combined. Investing in a comprehensive inventory management software system designed specifically for ecommerce is like bringing the queen into the game. Every feature should be designed to integrate seamlessly both with other features and with suppliers you partner with, like Amazon and eBay. With the right system, you should be able to manage your entire operation, with multiple storefronts and warehouses, using multiple order channels, suppliers, and shipping carriers, all from a single platform.
There are almost as many stock and inventory management types as there are types of businesses. In some contexts, there is a distinction between “stock” and “inventory”. In ecommerce, “stock” is used to refer to daily logistics operations, while “inventory” is used to refer to inventory accounting. Whether it’s called a stock control app, or a stock and inventory app, it should have features that help you track items faster and more accurately. Being able to see what inventory is being delivered, what inventory is in stock, and what inventory has been shipped is important. There are an increasing number of factors that can adversely affect the supply chain. That’s why it’s even more important for you to control as many factors as you can. Being able to create SKUs for your products and scan them in and out allows you to track inventory effortlessly in real-time. Having that information at your fingertips gives you the power to place your products where they cost you the least to ship and store. It also prevents out-of-stocks and over-stocks. Having multi-channel capability allows you to expand and have fulfillment centers in multiple locations and use the ones closest to your customers. They get their items faster, and you save on shipping costs. It’s a win/win. Ordoro can increase your profits no matter what type of inventory management strategy you use. The reorder point formula is a technique based on the purchase and sales cycles of a business. Similarly, demand forecasting is a technique based on using historical sales data to create an estimate of future demand. Ordoro’s data analytics feature makes it easy to see exactly which items sold the best, when, and where. Drop-shipping is an inventory fulfillment method in which sellers don’t store the products, but purchase them from a third party that ships them to the consumer. Ordoro’s drop-shipping software also provides deep industry shipping discounts.
There are a number of advantages and features that even the best free inventory software for small business app can’t provide. One of them is scalability. When you’re first starting out and finances are tight, it’s tempting to use a free inventory app for small business to try to save money. For very small businesses that plan to stay very small, free inventory software for small business might prove to be a valid long-term solution. But if your next vacation depends on increasing your sales, it might be time to invest in your success. The best inventory app for small business is one that integrates seamlessly with other software programs essential for your operation. At the very least, there are some things it should help you do:
- Reduce shipping costs
- Improve cash flow, and boost your business’s bottom line
- Track inventory in real-time across multiple locations
- Accurately forecast future demand
- Increase delivery speeds
- Organize warehouse space for faster packing
- Scan inventory in and out quickly and accurately
There are also some things that it should help you NOT to do:
- Experience product shortages
- Pay expensive storage fees on excess stock
- Deliver products late
- Manually enter 12-digit UPC codes
- Deliver the wrong products
Ordoro was designed specifically for ecommerce. Their research and development team included every most-asked-for feature and has since added a few more. Unlike open-source software, when an awesome new feature is added, all the bugs are worked out before your system is upgraded, ensuring that your smooth workflow is never interrupted. It’s also fully scalable because the last thing you want to do when you start achieving success is having to learn a whole new system.
The best inventory management software system is one that includes every feature you need to automate all your processes for maximum efficiency. In today’s world of ecommerce, it’s impossible to remain competitive without an inventory app with barcode scanner capabilities. Automation is what gives you the time to create the unique shopping experiences that customers crave. Trying to meet all the challenges of ecommerce with just a stand-alone inventory management app is like trying to win a game of chess without a queen. Scheduling a demo is a great way to be able to see all the features in action and how they work together seamlessly to form an integrated system. Even if you’re new to ecommerce, their professionals offer a 30-day onboarding in which they show you exactly how to customize features for your specific business. You’ll learn how to use Ordoro to:
- Manage multiple storefronts, suppliers, and shipping carriers from a single dashboard
- Create and scan SKU’s to ensure error-free inventory management
- Bundle multiple orders to reduce shipping costs
- Create automated rules and generate purchase orders when a stock falls below a certain level
- Create pick and pack lists
- Utilize data analytics to make smart purchasing and sales decisions
They are so confident that you’ll agree that Ordoro is the best inventory management software available today that they offer lifetime support. If you’re ready for your business to move up to the next level, it’s time to replace that inventory management app free offer with the one voted best inventory management app for small businesses. Having Ordoro working behind the scenes 24/7 doesn’t just increase your profits, it increases your free time to enjoy them. When it comes to winning a game of strategy, achieving a healthy work/ life balance is the ultimate checkmate.