Top 18 Features to Have in an eCommerce Inventory Management Software

Stock Valuation

Inventory management eCommerce software’s “stock valuation” feature is essential for enabling companies to determine inventory value using techniques like weighted average, LIFO, and FIFO. It allows for the tracking of changes in costs for specific items, resulting in precise inventory asset value and financial transparency. It is important to know about expensive products on eCommerce website, quantities available, and selling done.

Integration with eCommerce Platforms

Inventory management software’s Integration with eCommerce Platforms function is revolutionary. It seamlessly synchronizes product listings, prices, and stock levels with well-known eCommerce website development platforms, like Magento, WooCommerce, and Shopify. This guarantees efficiency and accuracy in real-time, allowing companies to maintain a smooth online storefront that is in sync with their inventory data.

Barcode and QR Code Scanning

One of the most powerful features of eCommerce inventory management software is “Barcode and QR Code Scanning.” It enables users to quickly update their inventories through QR code scanner mobile application or barcode scanners. This feature ensures a quicker, more precise, and more efficient inventory management process by significantly speeding up order fulfillment and streamlining stock counting.

Original Source: Top 18 Features to Have in an eCommerce Inventory Management Software

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