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How do I optimize inventory performance for my store?

Asked 2 years ago

Hello! I have a huge problem with inventory management for my e-commerce store. It feels like we never have the right amount of products! I think we could pay a lot less for storage than we currently are, but need to optimize inventory somehow before that. What's the best way?

Jolina Regin

Friday, November 18, 2022

Some of the ways that you can use to optimize inventory are using an omnichannel software that will give an accurate overview of inventory in all the supply chain stages. You can set stock level control policies to ensure you're stocking the right goods in right quantities. Implement automation tools to provide real-time feedback. You also need to understand your market demand by effectively forecasting and also consider product lifecycles, trends and seasonalities.

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