Supply Chain management
Inventory management to order processing, all are critical steps of business
Who Are We
At Digitalecom360, we excel in delivering top-tier solutions to diverse industries. Our portfolio showcases expertise in custom software, web, app development, and e-commerce. We aim to surpass client expectations with innovative solutions tailored to their unique goals.
Our Mission
Discover the Latest Trends of Supply Chain Management at 3rd Party Ecommerce Marketplaces through Digitalecom360. We’re always on the lookout to provide our clients something that shapes the supply chain process right from choosing right inventory model to order processing.
What We Do
- Inventory Model (FBA vs FBP)
- Demand Forecasting
- Order Management
- Supplier and Vendor Management
- Inventory Optimization
- Analytics and Reporting
Our 6-Steps Process
01.
Inventory model FBA vs FBP
When selling on Amazon or similar marketplaces, sellers can choose from different fulfillment methods: Fulfilled by Amazon (FBA), Fulfilled by Merchant (FBM), and Back to Back (B2B). Charges are different in all models for storage, fulfillment, and fees for optional services like labeling and removal. the choice depends on factors like business model, product type, and the seller’s capacity to manage logistics and customer service
02.
Demand Forecasting
Forecast future inventory needs based on historical sales data, market trends, and seasonal variations. It helps maintain optimal stock levels, reduces holding costs, and improves cash flow management. Use forecasting software, update forecasts regularly, and consider multiple forecasting methods (qualitative and quantitative)
03.
Order Management
Streamline the process of receiving, processing, and fulfilling orders to ensure timely delivery. Enhances customer satisfaction, reduces errors, and improves operational efficiency. Implement automated order routing, ensure clear communication with fulfillment centers, and monitor order status in real-time.
04.
Supplier and Vendor Management
Maintain strong relationships with suppliers to ensure reliable and timely restocking of inventory. Reduces lead times, ensures quality control, and mitigates the risk of supply chain disruptions. Set up reorder points, monitor supplier performance, and establish contingency plans for potential supply issues.
05.
Inventory Optimization
Optimize inventory levels by categorizing products based on demand, profitability, and shelf life. Minimizes excess inventory, reduces carrying costs, and improves overall inventory turnover. Categorize products, implementing just-in-time (JIT) inventory practices.. Regularly review inventory performance, adjust stocking levels based on sales velocity, and prioritize high-margin products.
06.
Analytics and Reporting
Utilize analytics tools to gain insights into inventory performance, identify trends, and make data-driven decisions. Enhances visibility into inventory operations, supports strategic planning, and identifies areas for improvement. Use dashboard tools to visualize key metrics, set up automated reporting, and regularly review and act on insights.
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