In recent years, more and more sellers have begun to open stores on the Amazon platform. Most sellers will choose FBA logistics, which can save costs. So how to manage Amazon FBA purchase, sales and inventory? This will be introduced in detail below.
1. Sellers need to know the quantity of products in real time, which mainly includes the number of products sold and the quantity of products in stock. If the inventory is insufficient, it may cause the product ranking to drop, and out of stock will also have an impact on sales. Sellers need to spend more energy and money to improve product rankings. Therefore, sellers need to pay attention to the number of orders and inventory of products in real time to ensure stable supply and demand.
2. Sellers need to replenish inventory in a timely manner. Generally, best-selling products require continuous supply, so sellers need to calculate the stocking cycle and the inventory quantity that needs to be replenished based on the inventory situation. Before preparing goods, sellers need to clarify the stocking information, such as suppliers, logistics, arrival time, etc.
3. Sellers need to check inventory regularly. Some sellers usually conduct annual inventory of FBA warehouses at the end of the year to ensure that the recorded numbers match the actual inventory in the warehouse, but this method is time-consuming and Sellers can check inventory regularly every week or every month to avoid work accumulation. This is also one of the Amazon FBA purchase, sales and inventory management methods.
4. Sellers need to use Amazon’s inventory management software to manage FBA purchase, sales and inventory. If sellers manage inventory through documents or forms, it is more time-consuming and error-prone. Therefore, sellers can automatically manage inventory through tools, which can effectively improve work efficiency. Amazon Seller Center has official inventory management tools that sellers can use for free. The inventory management tool on the Amazon platform can track product sales and inventory changes in real time, and can also provide sellers with daily, weekly, and monthly sales of products.
The above content has provided a detailed introduction to Amazon FBA purchase, sales and inventory management. If Amazon sellers choose FBA logistics services, they need to manage the inventory in overseas warehouses. Because if there is insufficient inventory in overseas warehouses, it will lead to out of stock, which will have a negative impact on the seller’s reputation.