You are in the right place to learn the best ways to embrace and scale your business to the next level. With the rise of e-commerce as a shopping medium, companies must deliver an incredible customer experience to build brand loyalty and recall. One of the customer experiences on the internet is having a low turnaround time between placing an order and receiving the product.
Therefore, the most effective and efficient inventory management component has to be incorporated in most businesses. This will help to increase the direct-to-customer e-commerce brand.
KatPen INV is ready to help you create a relationship between you and your clients by providing the following services item adjustment and transfer, quotation, sales, and purchases, quick return to customers and suppliers, currency backup, overview and warehouse stock charts, product quality alerts and well-organized codes for clients and suppliers and many other inventory services.
With the help of KatPen INV we ensure that we provide popular inventory management methods techniques like:
● ABC analysis
The analysis helps the inventory manager to identify and manage the most popular and least popular types of stock accordingly. We got you covered if you are involved in selling a wide variety of products at different price brands.
● Bulk shipment
For most businesses where products have consistent demand, the technique helps increase demand. It is also helpful for companies having high manufacturing done in-house and are in a position to handle unexpected demand surges.
● Consignment
Under this technique, the consignor (wholesaler) gives possession of goods to the consignee (retailer). The retailer will pay the wholesaler after selling the products.
● Cross-docking
Under this method, your Business is expected to hold inventory for the least amount of time. When products are received, they are packed and shipped or transported for delivery to the clients on time.
There are other inventory management techniques like demand forecasting, barcode scanning, back ordering, and many others that you can adopt in your Business to make your processes more efficient. The e-commerce industry is expected to grow rapidly; therefore, inventory systems must keep improving.
We have all the latest technology in our inventory system in the Philippines. Feel free to contact us and get to know more about our services.
*Katpen INV is one of the services of KatPen InnoTech Solutions