Shopify POS Inventory
Whether you’re running an ecommerce site online or you’re the proud owner of a brick and mortar store, good inventory management is essential to the success of your business.
Is your spreadsheet system failing you? Are you finding it difficult to identify your best and worst sellers quickly and easily? Do you wind up with way too much or way too little inventory? Are customers placing orders for items that are out of stock?
Whatever your inventory management woes may be, the Shopify platform is designed to make your life easier and your customers happier.
Setting Up and Organizing Your Products
The first step to solid inventory management is setting up and organizing all your products in the system you’ve chosen. And there’s more to it than just assigning a barcode and giving each product a name. Think of classifications that make sense in your business.
For example, Shopify’s inventory management system lets you group products by category, type, season, sale and more. Automation is a breeze when you use smart collections to sort products according to price, vendor and inventory level. And there’s no limit to the number or type of products you can set up and sell through your online or retail store.
Managing Product Variations
Is your ceramic bowl available in multiple colors? What about all the sizes that featured pair of pants comes in? Can customers order the kids’ backpack in leather, canvas and ballistic nylon?
Managing several variations of a single product can be tricky if you don’t have a proper inventory management system in place. With Shopify, you have free reigns to offer any number of versions for a single product to reflect different sizes, materials, colors and more. And every variation can have its own SKU, price, weight and inventory number.
Assigning Barcodes
Whether you have existing barcodes to be assigned to specific products or you need to create brand new barcodes for fresh inventory you plan to stock, Shopify’s inventory management system is flexible and accommodating. Use barcodes to keep track of every product you sell and get Shopify’s wireless barcode scanner to ring in customer orders instantly on the spot anywhere in your store.
Tracking Stock Counts
Especially in your ecommerce store, failing to track stock counts can be detrimental to your online business. You’ve probably had it happen before: a customer is happily shopping on your site and places an order for a product they really want. Little do they know that behind the scenes in your warehouse it’s out of stock! And this wasn’t reflected on your website because you don’t have a tracking system in place. Big no no.