Planning ahead is critical when it comes to inventory management—particularly when you are making preparations for a major shopping event.
It is a tricky line to balance—you want to avoid overstocking, while seeking to minimise your risk of stockouts at the same time. In either situation, your business could be adversely affect. Overstocking can result in increas storage Make an early fees, while understocking can lead to miss sales opportunities and lower levels of customer satisfaction and brand loyalty.
Studying past events, and reviewing
Your sales reports can provide insights or data that could help inform your stocking decisions for upcoming shopping events. If you are an FBA seller, make sure that your inventory will arrive at Amazon fulfilment centres before the cut-off date. You should also have back-up fulfilment through MFN, so as to avoid missing out on sales should your warehouse inventory run out.
Make full use of Seller Central resources, such as the Manage Your Inventory tab to optimise your inventory. The tool is design to help you maintain optimum inventory levels and make inform, data-driven decisions. It offers a canadian cto cio mailing lead range of useful features: you can customise your metrics, view up to 250 ASINs per page (this allows for Make an early more convenient scrolling), receive recommendations on action steps to take to improve your inventory management and more.
To access the Manage Inventory
Health tool, navigate to the Seller Central > Inventory > Inventory Planning > Manage Inventory Health (Excess, Ag and Restock Inventory).
During the event: Monitor your let’s talk slots, baby! 10 games you should play in 2023 business closely, and be adaptable
On the day of a major shopping event, keeping your business running smoothly can feel like a juggling act for Amazon sellers. You ne to keep a close watch aero leads over various aspects of your business, and be ready to adapt your strategies to any changes that may arise.
