Follow These Essential Steps to Improve Your Order Fulfillment Process!

Follow These Essential Steps to Improve Your Order Fulfillment Process!

To establish your online eCommerce business successfully, there are several steps you need to follow. The order fulfillment process is one of the essential steps of an online business. It applies to every business model, whether it is business-to-business or business-to-consumer. The primary agenda of this enormous industry is to fulfill your customers’ orders in any circumstances. Omitting this crucial step can put your business at risk and diminish your reputation in the marketplace.

If you are also facing several issues related to this process, this blog is for you. Here you will get to know how to improve your order fulfillment process. Apart from this, we have mentioned some ideal ways to identify the best smart solution for the eCommerce order fulfillment process. Along with including the several steps to improve the fulfillment process, you can also take the help of some software that can smartly help you with this process and never let you lose a single customer. So what are we waiting for? Let’s dig in and find out the best solutions for this vital process.

Imperative Steps to Improve the Order Fulfillment Process

You can not sustain in this business for a longer time if you don’t have any strategy and a solid plan to fulfill the order requirement of the customers. It’s crucial how an order ends up at your customer’s doorstep. All are connected with the entire order fulfillment process, from inventory to choose the packaging and shipping method. According to recent research, 40% of customers never purchase from a seller again if they experience a poor delivery service. The delivery may get delayed due to the failure at other essential steps of this process. Let’s find out what steps you can take to improve the order fulfillment process.

Automate the Entire Process

Nowadays, automation is the apex of an effective and reliable order fulfillment process. It is one of the smart solutions for the eCommerce order fulfillment process that can help you sustain your online business for a longer time. Unfortunately, sellers are still manually executing this process in this techno-friendly world. As a result, they experience the hassle related to order fulfillment; they spend much time on the same repetitive tasks. It impacts customer satisfaction, their market image, and overall financial performance. However, automation allows you to input all the essential informative data at one time. You can integrate with any order fulfillment software such as eVanik to automate the whole process. It works as a multichannel order management software that can help you process multiple orders from various eCommerce platforms. It reduces the risk of human errors, minimizes operational expenses, and escalates sales opportunities simultaneously.

Understand the Cycle of Order Fulfillment

While performing the order fulfillment process, you must prioritize the cycle of this process. If you do so, it will provide you with compelling insights into this process. You must understand how the entire cycle of order fulfillment works. Remember that the smooth fulfillment process impacts the rate of customer satisfaction and ultimately affects your overall annual revenue. The order fulfillment cycle starts when a customer places an order. As a seller, you need to check the inventory and then execute the packing and shipping process. In this entire process, your focus should be on ensuring that the time of your fulfillment cycle is as low as possible. The less time you will take to process an order, the more it will increase your customer satisfaction rate.

Organize your Inventory

Before moving towards fulfilling your customers’ orders, you need to manage your inventory, especially if you are dealing with multiple eCommerce platforms. As a seller, you need to have full control on your inventory. This is the only way you will be able to fulfill the demand of your customers. To organize your inventory in one place, you can take the help of multiple order management software. It will organize your inventory for multiple channels in one place and save you from getting into an out-of-stock situation. It will keep you updated with your inventory’s available and unavailable products. It will never leave you dissatisfied with your valuable customers. The elegant way of organizing your inventory is by taking the help of any advanced software. It ultimately reduces the time it takes to process the orders.

Attractive Return Policy

The eCommerce industry is cursed by the returns, and you absolutely can’t do anything about it rather than providing attractive return policies to your customers. The order fulfilment process doesn’t just end with the delivery of the specific product, but it may get stretched if the customer raises an issue of return. The essence of a successful order fulfilment process is a happy customer with the order they received from you and their positive review. To attain this, every time, you need to provide them with an attractive return policy, which should allow you to process the returns and raise the refunds as well. These days customers always look for the return policies before placing an order. Nobody wants to place an order and get disappointed later blindly. To complete the purchasing process, you must attract them with an adequate return policy.

There are primarily three types of order fulfilment processes; Third-party order fulfilment, dropshipping, and merchant order fulfilment. You can choose any of these types as per the nature and requirements of your eCommerce business. Now let’s find out how you can choose an effective order fulfilment software.

Criteria to Select a Smart Solution for Order Fulfilment Process

The market overlaps with the smart solution provider for the order fulfilment process. All you need to do is to check out if the software contains the following criteria or not.

  • First of all, see whether the solution fulfils your requirements or not.
  • It should have the integration technology to integrate with your system quickly.

  • It must have the technology to provide you with the complete visibility of the order fulfilment process.
  • The smart software for the eCommerce order fulfillment process must have the feature of managing multiple orders from various platforms.

    Multichannel order management software like eVanik fulfills all these criteria and provides you with the best service in the market.

Conclusion

The order fulfillment process is an elementary part of the eCommerce business. It leads you towards an engaging customer experience and ultimately increases the customer base along with the profits. By following the above improvement steps, you can also enhance the fulfillment process. It encourages your chance to be fast and synergic in the evolving eCommerce industry. To make this process hassle-free, you can also take the help of some advanced software in the market. It ensures the success of this process and adds more value to your business.

Importance of Social Media Marketing for eCommerce Sellers!

Importance of Social Media Marketing for eCommerce Sellers!

Social Media and eCommerce are a true match made in heaven. Online sellers and marketers have been using top-rated social media platforms to connect with their customers for a while now. In this fast-paced world where customers are internet friendly and addicted to social media platforms, you can take advantage of their addiction as a seller. According to the recent stats, approximately 73.6% of global social media users will have purchased a product online by 2021. Apart from this, numerous customers search for product-related information on social media.

Undoubtedly, social media is ruling the world and has united the people integrally. Some of the prominent social media platforms such as Facebook, Instagram, Linkedin, Pinterest, and so on have attracted a lot of content and captured the customers’ minds to look at it. The eCommerce industry has set the market in a clear direction, and most of the customers are involved in online shopping. The social commerce term is trending these days to grab the customer’s attention significantly. Nowadays, online sellers and brands are more involved in social media marketing to increase their sales and revenue. The fantastic combination of social media platforms and eCommerce business is the latest trend and need of the hour. Here in this blog, we have mentioned the importance of social media marketing for online business. Let’s get in and find out how you can implicate this for the utmost success of your business.


Know Why SMM is Crucial for eComm Business

Along with the eCommerce industry, customers are addicted to social media as well. They spend hours and hours scrolling through various posts and videos on various social media platforms. Facebook, Instagram, Twitter, and Youtube are the prominent ones, and consumers can not survive their single day without visiting these channels. That is why it provides you with the tremendous opportunity to advertise your products on these platforms. It can help you build brand awareness, communicate with your customers, and generate more sales for your online business. The perfect match between social media and eCommerce can add more value to your business.

Customer Engagement

Customer engagement is essential for any eCommerce business. To increase that engagement, you can take the help of social media marketing. These days almost every age group is on social media, and it will be easy for you to attract them to your product. You can create a social media page for your products and attract their attention to your brand. Customers using social media platforms can get to know about the launch of your product, and if they find it attractive, they will definitely go for it. Social media marketing is a communication between the online business and the customers and enhances the overall growth of your eCommerce business. You need to promote your product or brand on various social media platforms, and you will automatically experience the magic.

Upsurge the Business and Customers’ Growth

It is one of the extraordinary benefits of social media marketing. It can upsurge your online business’s growth and add an immense number of customers to your business. It promotes the growth of the business and customers parallelly. While promoting your product on social media, you need to take care of the overall display of your product. It should induce high-resolution pictures and product descriptions, and you can even add a short video about your product. Social media marketing helps you get to connect with your customers directly, and they can even recommend your products to other users in an avid manner. On the other hand, to keep them satisfied in terms of order processing, you can use eCommerce seller software such as eVanik.

Escalate Brand Awareness

If you are launching a new product or brand, you need to build brand awareness before you are ready to go live with sales. You can not make extensive sales if customers don’t know about your product or they do not have any idea what you are selling. In 2022, there will be thousands of brands promoting their products on various platforms, but there is still room for newcomers and latecomers. Unique content and a consistent posting strategy will help you build brand awareness and reach out to your targeted customers. However, building brand awareness is a process that can take some time. But you can accelerate it via paid social media promotions.

Dynamic Customer Support

If you are selling your products on various eCommerce platforms, you may not be able to provide superior customer support to your valuable customers. Although, diving into the deep sea of social media can allow you to get in touch with customers frequently and resolve their issues or queries related to the product. Creating an attractive page on various social media platforms can help your customer attain more information about the product, and they can even quickly contact you for more information. They can even suggest you add on some specific quality with your products, and you should take their feedback positively. It helps you in upgrading your online business and making it sustainable.

Make You Aware of Upcoming Trends

In eCommerce, business trends and demands change overnight, and you may fail to fulfill your customers’ needs if you can not prepare yourself for the upcoming storm. In this manner, social media marketing can help you immensely and lessen the pain in this area. Social media is the emerging point of all the latest trends and demands. Consumers follow the platforms and want to try out all the latest things, whether it is related to fashion, beauty, health & wellness, or any other category. By constantly reviewing these platforms, you will automatically know what is trending and what is not. And in this way, you can represent your products according to the demand and trends of the market.

Conclusion

Social media marketing has driven the sales market and channelized it enormously to attract the customer’s attention. The traditional way of eCommerce activities dealing with retailers was a challenging task for sellers. But when it comes to the modernized way of supervising the sales market, it has become easy and appealing to touch the heart of the customers. As per the reports, approximately 75% of the eCommerce business across Asian countries was done by social media marketing. It keeps an eagle eye on the brands and start-ups for further promotions and the upcoming trends that need to be followed to fulfill the customers’ demands. Social media platforms provide you the immense opportunity to add the shop now or buy now button and the advertisement section. Now you can understand the importance of social media marketing. Besides that, you can use the software for online sellers to make this business much easier for you.

7 Elements That Affect Customer Satisfaction in eComm Business!

Introduction

The growth of the eCommerce industry is unstoppable, and it is rising aggressively on a daily basis. Sellers are moving their businesses on their preferred eCommerce platform. They are now focusing on building their empire on digital platforms more than ever. It is undoubtedly a big revolution that comes along with the new expectations from customers. We can say that the eComm story starts with customer satisfaction and ends with customer satisfaction. That’s why it is essential to work harder towards delighting the customers. It will help if you focus on what you can do to enhance the customer experience. Providing a dynamic customer experience is the one common goal of any organization in any industry.

Customer satisfaction is the metric that measures how happy your customers are with the service and product you are providing to them. It speculates how a customer feels when they interact with your brand or product. Poor customer satisfaction leads to negative reviews, but on the other hand, satisfied customers will help you grow your business and improve your overall business reputation. In fulfilling your customer’s demands and meeting their expectations, you can take the help of powerful eCommerce management software such as eVanik. It can help you run your online business smoothly and ultimately improve customer experience. However, here in this blog, we have mentioned some of the key elements that majorly affect customer experiences.

Significant Elements That Affect the Customer Satisfaction

Customer satisfaction is the evaluation of how satisfied customers are with the products they receive. Every customer has their journey; being a seller, you can not make your customers happy every time, but you can try to give your best. Sometimes, even a minor glitch can affect customer satisfaction, and you may not be able to find that. Let’s look at some significant elements that can affect customer satisfaction in the long run.

  • Product Display

There is an English proverb, “Do not judge a book by its cover”. It doesn’t work in the eCommerce world as customers judge any product by its cover. That is why it is imperative to represent your product in such a manner that can attract customers and convince them to buy that. The presentation of your product should always be top-notch. It is one of the key factors affecting customer satisfaction in the online business. The approach of representing the products on diversified eCommerce channels highly matters and also provides you an opportunity to showcase your business in the right professional way. You must take care of the quality and resolution of the image you are posting of the products. You must apply product labels and names that explain the nature of your product. Besides, you must put on an elaborative product description in bullet points. All these make your customer more aware of your product and provide them the surety that it is the exact product they were looking for.

  • Personalized Experience

It is essential to develop an engagement with your buyers to provide them with a personalized experience. These elements impact customer satisfaction, and your competitors are switching their eyes. To provide them with extraordinarily personalized experiences, you can send them personal emails regarding your products and ask them to come back and buy the products in their cart. You can also provide them with special offers, deliver the product at their preferred location and update them about it. It is human nature that they will like to get pampered, and you can take advantage of this nature to flourish your business. Make sure that you create an intimate journey for your customers so that they will remember you and will get back to you.

  • Speed Matters

Due to the lack of time, everyone wants a speedy business experience. That’s why speed is paramount in this eCommerce race. Customers have less patience, and they can not wait for the page to be loaded or for products to have appeared. If they experience such issues, they will quickly move to other platforms. So if you want to sell your products online and build a robust customer base, you must look for a dynamic eCommerce platform that never fails in providing speedy service to your customers. It doesn’t matter how impressive the eComm website is or what services it provides; if it runs slow, customers will never look back to you.

  • Price of the Products

The product’s price has always been an enduring topic among online business sellers. Selecting the price for your products depends on so many components. You need to keep a dynamic price for your products and keep an eye on the product price of your competitors. Once your customer finds the same product at a lower price than yours, they will undeniably go for that. However, extensive and established brands don’t require much to define the price. This issue affects the small sellers and brands that are new in the market or still trying to establish themselves. You always need to maintain price hygiene before launching your product. There is some software for online sellers available in the market that can keep you updated regarding the dynamic pricing of your product.

  • Product Quality

The quality of the product is the most crucial element that can affect customer satisfaction in the eCommerce world. You must maintain the quality of your products to compete with your competitors and establish a solid customer base in the various marketplaces. You can even sell a poor-quality product for the first time, but it can fire back at you in so many ways. Customers can return the product, and they will never prefer or refer to your products in the future. So, do not ever compromise on the quality of products.

  • Shipping & Delivery

In the eCommerce industry, shipping and delivery are an essential part of the business. To enhance customer satisfaction, you need to look forward to cutting down the shipping charges. The reality is that customers don’t want to spend a single penny besides the product cost; however, they want to get their product delivered as soon as possible. This could be the biggest challenge for you while dealing in the eCommerce industry. You have to tie up with the fastest delivery service provider never to lose a single customer. In this manner, you can take the FBA service of Amazon as they will manage the shipping and delivery part for you and diminish half of your headache.

  • Market Trends and Demands

The evolving eCommerce market is unpredictable. The demands and trends are frequently changing. Being a seller, you have to always keep an eagle eye on the changing trends and demands of the market. The demands and trends change according to the customer’s requirements. To fulfill the customer demand and develop an idea about the upcoming market trends, you need forecasting. Software for online sellers provides you with the monthly and annually compact data of all the sales and based on that, you can easily be able to recognize the upcoming trends and demands. In this way, you can fulfill the demands of your customers and satisfy them.

Conclusion

These are some of the critical elements that can affect customer satisfaction in the eCommerce industry. To run your business successfully and earn expected profits, you should prioritize your business to provide your valued customers with the best shopping experience in the industry. Although, sometimes, you may not be able to fulfill all their demands, and for that scenario, you can subscribe to several eCommerce management software that can help you with providing the best customer satisfaction.

Phenomenal Ways to Automate Your eCommerce Business!

Phenomenal Ways to Automate Your eCommerce Business!

Undeniably, we can say that this is the era of the eCommerce business. The entire business model revolves around online business. It has so many aspects which you need to handle effectively. Being in an eCommerce online business, there must be a lot of work you need to manage daily, such as inventory management, shipping, payments, order fulfillment, returns management and many more. It requires a lot of time and energy to manage all these aspects of this gigantic industry with perfection if you are doing it manually or traditionally. Your hard work can undoubtedly boost business growth, but you can’t experience continuity. At this point, you need to take a back step and evaluate your whole business structure. 

You may experience that with the help of human resources, you also need to automate your eCommerce business. Without automation, the growth of your business may get stuck. In this blog we are focusing upon some phenomenal ways to automate your eCommerce business. Let’s dig in and have an overview of it. 

Automate These Aspects of eCommerce Business to Add Profit 

There is no room to survive in the eCommerce industry with manual processes in this tech-savvy world when everything is going digital and automatic. Applying automation in your business is a fantastic way to boost the efficiency of every essential aspect of this pivotal industry. Automation can help you with so many things that eventually may help generate revenue. 

  • Inventory Automation:

    Inventory management is one of the crucial parts of the eCommerce business. It doesn’t matter whether you are dealing on a bigger or smaller scale; you have to manage it efficiently for the success of your business. However, it can be time-consuming and depressing to update your inventory and keep track of it manually. For a delightful customer experience, inventory management is a necessity. As the growth of your business, manual inventory management could become a pain for you. That is why you need inventory automation, and there are several inventory management software in the market which make this fully automatic for you. It can automatically update the product availability, making it easy for you to accept new orders. You may take the help of any cloud-based software to automate this vital process. 
  • Accounting Automation:

    If you are the one who is stuck in collecting receipts, invoices, and making the spreadsheets for every single transaction, believe me, it is time to move on and try out the automated accounting process. Manually updating the ledgers and keeping track of every transaction may eat up all your precious time, and it can also be a pain for accounting professionals. However, automatic accounting software can ease this process and provide you with all the real-time data of every transaction, product costing, third-party commission, and the mode of payment that has been used. Accounting automated software provides the facility of accounting integration as well. You can use such software for seamless accounting integration with diverse accounting and financial ERPs. 
  • Cart Abandonment Automation:

    eCommerce industry is plagued by cart abandonment. It has become a natural part of eCommerce platforms. On a daily basis, approximately 47% of shopping carts get abandoned by customers. The total value of abandoned carts may fall between millions of dollars. However, you can re-pitch those customers through an automated cart abandonment process. In this process, you can automatically send an email notification to those customers who have added the products to their cart but haven’t gone through the payment processing. Through the automated email, you can remind them to buy that particular product and explain its benefits. You may take the service of built-in cart abandonment emails that can attract customers to buy your products. 
  • Shipping Automation:

    Shipping is one of the most imperative parts of the eCommerce business. All your Profit and Loss depends on this particular process. It is essential to keep track of all the shipped items and their charges. Executing this process manually in a traditional way can be a lengthy process. Doing it manually may result in miscalculation of data. To save time and add more value to your business, you need to opt for shipping automation. Several companies provide shipping automation software for online sellers, which can speed up this process without any error. It can also provide you the real-time data of each and every shipping along with their charges, the volume of the item, and charges per location. Shipping automation can also enhance your customer’s experience. 
  • Return Automation:

    According to a survey, returns are one of the biggest hurdles of the eCommerce industry. It has become very challenging for sellers to manage their returns appropriately. It could be depressing to do it manually because it will be impossible for you to enter every return detail in the spreadsheet. It can also increase the chances of inaccuracy which ultimately leads to the failure of your business. However, if you automate the return with the help of any online business management software can minimize the risk of failure. This software provides you with the customers’ actual data of every return item. You can track all the unreceived and non-saleable returns as well. Accurate tracking of returns can save you from financial crunches. Give it a try and automate your return process asap. 
  • Order Processing Automation:

    Order processing is also an essential part of this imminent industry compared to other eCommerce aspects. You have to be super quick and error-free in processing the orders. Because delayed order processing can harm your business drastically, in this manner you need to automate the order processing. Online order management software can easily automate this process by creating the packaging details and package slips for bulk orders. You don’t have to take out every single print for each item because automated software can look after that.

Conclusion

Now, you can understand why automation is the need of this diversified industry. If you are still using the traditional ways for an eCommerce business, it can bombard you with huge losses. Undoubtedly, this is the generation of technology, and everyone wants a super quick service. To match the expectation of your customers, this is high time you should automate all the aspects of the eCommerce industry you are associated with. 

 

To get rid of financial crunches, it is better to spend some money today on automated software. You can experience a big difference between automated services and manual ones. Hence, it is better to automate your eCommerce business and generate more revenue. 

Requisite eCommerce Business Model That Works in 2022!

Requisite eCommerce Business Model That Works in 2022!


The eCommerce industry has become the powerhouse of online business. It has become the earning source for millions of people out there. But to establish an online business, you need to understand the business model of eCommerce. It is essential for those planning to sell online and are new to the industry. To provide the right direction to your business and ensure profitability, you must select the right model for your eCommerce business. Along with a suitable business model, you can also use the powerful eCommerce management software to boost up your business.

Do not just jump off to sell your products, but while planning the eComm venture, you must focus on the business plan and the model you adopt to sell your products online. Always keep in mind that if you execute successfully, the eCommerce business can become a compelling source of income for you. This blog consists of all the information regarding the various types of business models that will work in 2022. Let’s find out what those essential business models are.


Six Significant eCommerce Business Model of 2022

The eCommerce industry is a global sensation that supports several business models. The best thing about this industry is that you can choose more than one model for your online business. Let’s have a clear picture of an eCommerce business model which works successfully.

Business-to-Business (B2B)

If you think your product or services are essential for other businesses, you can go for a business-to-business eCommerce model. Exceptional networking and reaching out to people is the most prominent strategy of this business model. In this business model, all you need is an effective approach. You have to convince business ventures that your products can add value to their business. However, you may find it challenging to generate revenue, but balancing the quality of your product or service will prove beneficial for you. For B2B eCommerce business models, you can also avail the service of powerful online business management software.

Business-to-Consumer (B2C)

This eCommerce business model indicates the process of selling products or services directly between a business and its customers. Those sellers or companies who sell directly to the consumers are considered business-to-consumer companies. You can pick this eCommerce business model if your products or services only target individuals. In this business model, you can take the help of advertising techniques to promote your products. Apart from that, you can take the help of eCommerce sellers software to sell your products online. Amazon, Flipkart, and Myntra are based on a business-to-consumer eCommerce business model.

Business-to-Government (B2G)

This business model specifies selling the products or services to several government agencies. The Business-to-government module allows you to bid over various government projects and products they may purchase depending on the needs of their organizations. In this significant eCommerce business model, you advertise your products to government agencies. After choosing this business model, you have to bid or fill out the tender for different government contracts. Mostly, none of the government agencies would come to any eCommerce website to place an order. But some semi-government agencies or local government agencies are the exceptions, and they can buy your products or avail the services according to their requirement.

Business-to-Business-to-Consumer (B2B2C)

This eCommerce business model refers to an online business that sells their product to another business, and then they sell the same product to the consumers. This individual business model has the involvement of three parties. If you pick this business model, you have to contact the other businesses and pay a commission for every sale. ECommerce stores attain this business model to pitch the new customers.

Consumer-to-Consumer (C2C)

In the enormous eCommerce industry, consumer-to-consumer is a unique business model. In this particular business model, one consumer sells online products or services to another consumer. This eCommerce business model is promoted by a third party who takes care of their transaction details and brings them together. OLX, eBay, and Etsy work on C2C business models. These eCommerce platforms allow consumers to buy, sell and rent products from other consumers. This business model is relatively cheaper than others, but you need to be careful because it consists of legal matters. You require picture-perfect planning before choosing this business model.

Consumer-to-Business (C2B)

This is another eCommerce business model which is popular because of the freelancers. In consumer to business model, freelancers receive the tasks from their clients and fulfill the requirements as per their needs. These freelancers and clients work individually without the involvement of any other party. The consumer-to-business model is considered a sole proprietorship that provides services to more significant businesses. For example, freelance marketplaces, auction websites, and affiliate marketing are an integral part of this business model. But if you choose this, you need to plan a lot because of the legal complexities.

Direct-to-Consumer (D2C)

This is the brand new eCommerce business model which is overgrowing. In this business model, a company produces its product according to their choice and distributes it directly to their consumers without the involvement of any third party. They design their eCommerce website to sell the products and promote them over social media and other platforms. In this process they don’t need to pay any commission to anyone. They solely do their business on their own terms and conditions. Sugar, Mamaearth, Licious, Boat, Lenskart, and Mellora are some of the examples of successful D2C ventures. Direct to consumer business requires a lot of patience and hard work. To make this process much easier and hassle-free, they can use the eCommerce management software.

Conclusion

All the above-mentioned eCommerce business models have their advantages and disadvantages. Depending upon your product and services, you need to choose a suitable business model. Business to Business, Business to consumers, and Direct to consumers are the most popular eCommerce business models that are working successfully in 2022. To generate more revenue from them, you can wisely choose the service of any eCommerce seller’s software.

Eight Astonishing eCommerce Platforms for Online Sellers!

Eight Astonishing eCommerce Platforms for Online Sellers!

The eCommerce industry is evolving immensely, especially after the COVID-19 pandemic wave. It has produced immense opportunities for sellers to start their bread and butter through online business. It is pivotal to designate the best online marketplaces to start an online business. After all, it matters a lot where you will sell your products. That’s why it is imperative to ensure that you are using the pre-eminent eCommerce platform.

In the era of online shopping, many online selling marketplaces offer the best services for both sellers and customers. However, you have to choose one according to your product and business model type. The number of digital buyers is increasing on a daily basis. Eventually, it steers towards the fact that there are a bunch of online channels and sellers out there. You can not fall for any bogus eCommerce platform. Here in this blog, we have mentioned some of the astonishing eCommerce platforms in India for online sellers. Let’s have a detailed look at them.


These eCommerce Platforms will Never Betray your Business

The evolving industry of eCommerce has left sellers in the void, and they are confused about which platforms they should sell products. So here is the integrated list of some astounding eCommerce platforms in India that will never betray you in terms of your online business. They can also ensure the reach of your products to valuable customers

  • Amazon

Well, is there anyone who isn’t aware of Amazon? Surely everyone does know about it. It is one of the distinguished eCommerce platforms which provide its services all around the globe. As per research, more than 4k products get sold on this enormous eCommerce channel every minute. In this way, Amazon provides a potential boulevard for online sellers to establish their businesses. This enormous eCommerce platform provides the opportunity to sell your products in various regions. The expenditure of trade relies on the category of the product and the plan you have selected. At Amazon, sale-related fees range from 5.8% to over 40% of each product’s selling price. Amazon is way safer than any other eCommerce channel. According to a survey, it is considered as one of the most trusted online shopping platforms among customers.

  • Flipkart

Founded by Sachin and Binny Bansal in the year 2007, Flipkart is one of the primitive eCommerce ventures of India. It allows an extensive range of product sales on its website, such as electronics, fashion attire, beauty products, home decor, baby products, mother care, etc. Today it has over a billion consumers. It is equally popular among all the giant eCommerce platforms and is undeniably one of the best eCommerce platforms for online sellers to start their business. It is absolutely a smooth process to become a seller for Flipkart. You just need to go through with a couple of documentation, and you will be ready to launch your product on this truly favorite eCommerce platform of consumers. You can even advertise your products with the help of the efficient team of Flipkart.

  • Myntra

It has brought the whole fashion ventures in one roof. Rapidly it has become a one-stop destination for fashion-loving people. There is an ample range of apparel for men, women, and kids available on Myntra, along with beauty and home decor products as well. Recently they have started selling electronic accessories such as smartwatches and earphones. Myntra provides an opportunity to those sellers who want to start their online business in the field of apparel, accessories, and beauty industry. The enormous eCommerce market has made a remarkable place in almost every house of India. Due to its horizon, it is a safe platform for an online startup that ensures your business reaches both urban and ruler customers. In terms of eCommerce market stats and accessibility, Myntra pays colossal revenue to the sellers. Apart from that, the experienced in-house team of Myntra’s technicians provides the sellers’ analytics of the latest fashion trends. However, you can subscribe to any accounting software for eCommerce that can help you in managing your finances.

  • Snapdeal

Like Amazon and Flipkart, Snapdeal also provides a massive range of products to consumers such as electronics, apparel, household appliances, kids’ items, health devices, books, and a lot more. In the imminent world of eCommerce, Snapdeal offers a hassle-free and straightforward selling procedure. Register your business on Snapdeal in a few easy steps. Being a seller, you also have to register for GSTN, which is required for almost every eCommerce seller, and design a product inventory. For future perspectives, you can also attain the service of inventory management software. Snapdeal also serves you with advertising, packaging, and shipping processes. If you want, you can also get a low-interest loan to expand your online business. Ultimately, it makes a perfect platform for sellers to start their businesses.

  • Paytm

Undoubtedly, Paytm has galvanized India with digitalization. It has begun with the services of e-wallet and e-recharge and now becomes a part of the eCommerce industry as well. From mobile recharge to booking tickets, it provides a wide range of services to the customers. Now consumers can also buy several electronics and household products from Paytm. That’s how it provides an opportunity to sellers to start their online business. In five easy steps, you can become a seller on Paytm. So what are you waiting for, do as the tagline says, “Paytm Karo.”

  • Meesho

Founded in 2015, Meesho has become one of the cheapest eCommerce platforms for consumers and sellers. It provides a great business opportunity to the homemakers who want to earn money by sitting at home. This eCommerce platform is evolving day by day with the latest trends. You can sell apparel, electronics, jewelry, home decor items, kitchen appliances, and a lot more on Meesho. It provides the cheapest product range, which is affordable for any class of India.


Apart from these tremendous eCommerce platforms, Shopify, Ajio, Urbanic, and Indiamart also provide a platform to sell your products online. While establishing your business on any eCommerce platform, you should get the subscription of eCommerce sellers softwares.


Conclusion


As the world is changing with various technologies and opportunities, the eCommerce industry is the future of the Indian Market. Although it was growing before the pandemic and after COVID-19, it emerged rebelliously. That time is not so far when street vendors may also shift to eCommerce websites. To cut a long story short, eCommerce is the future, so it will be beneficial for sellers to grab the opportunity as soon as possible. Apart from that, for a smooth business flow you can also take the help of several eCommerce sellers software in India. Software for Online sellers can help you manage your business efficiently.

Essential Affirmative Steps for New Sellers to Start Their eCommerce Business !

Essential Affirmative Steps for New Sellers to Start Their eCommerce Business !

The eCommerce industry is a flourishing business, yet sellers may face too many challenges to be on the right track. To start anything from scratch is not an easy task to do. Nothing in this whole wide world could be more gratifying than setting up your own business and watching it grow profitably. But before you start, you need to prepare the whole format and idea to save yourself from getting into legal issues and financial loss.

Keep in mind that establishing an online eCommerce business from scratch takes a lot of research, ideas, and proper management. The emerging eCommerce industry provides tremendous opportunities to start your own online business and earn money. Here in this blog, we will break down essential affirmative steps to start the eCommerce business from scratch. Let’s have a complete understanding about it in detail.

Follow These Vigorous Steps to Start Your eCommerce Business

Today eCommerce platforms have become an essential part of people out there. After the pandemic, this industry is growing at the speed of light. Everyone wants their product delivered to their doorstep, adding the reference of a current survey; mostly, customers don’t feel it safe to go to a physical store. However, this provides an opportunity to entrepreneurs to start their online businesses. But before making any move, do follow these steps for a rewarding business.

  • Choose the Right Product to Sell

Firstly, before entering an eCommerce online business, it is essential to choose the right product to sell online. There is almost everything on the various eCommerce platforms which customers need. Whatever product you choose to sell online, always ensure about their demand and need for the customers. It would be best to think wisely and on a bigger scale from a future perspective. Once you decide what you want to sell, you have to find the source from where you can get the product.

  • Elect a Right eCommerce Platform

The paramount of success depends upon the base of every business. For an eCommerce online business, selecting the right eCommerce platform is the key to success. To start an online business, you must carefully research the most astounding platforms. Before choosing one, always look for the speed, scalability, customer support, payment gateways support, security, and integrations. These are the essential factors that do help your business to grow immensely. Amazon, Flipkart, Myntra, Meesho, Ajio, etc. are some of India’s big reputed eCommerce platforms.

  • Analyze Every Move of Your Rivalry

To have a strong establishment of your online business, it is also crucial to always keep an eye on your competitors. It helps you anticipate the market modifications, latest trends, and rewarding tactics. However, it is not sufficient to spy on your rivalry through different forms. It would be best to have a strategy behind it and an eagle eye to monitor every step of them effectively. By analyzing the strengths and weaknesses of your rivalry, you can begin to develop better strategies that may become fruitful for your online eCommerce business. It can also lead you to write your perfect business plan.

  • Attractive Name and Logo of the Product

Once you decide on the product to sell online, you need to create an attractive logo for your business. The product name is also an essential part of this online business and the logo, of course. A creative logo and attractive name can easily magnetize more customers. Logos should have clarity about the business, and the name should be meaningful and easy to pronounce. You must also add a detailed product description before posting the product online.

  • Registration and EIN Number

To kick start an online business, you need an employer identification number (EIN). It helps open a business bank account and file your taxes every financial year. The employer identification number is considered the social security number for your business. This is because it’s a unique number that classifies your online business and helps you to register the essential paperwork.

  • Robust Financial Management

It is considered one of the topmost aspects of any online business. A rewarding business relies on financial management also. You will fail as a seller if you cannot figure out your profit and loss margin. However, nowadays, there are few software for online sellers available in the market that can help you manage your accounts. This kind of softwares offers end-to-end integration based in real-time in just one click. Thousands of eCommerce sellers manage their daily finances or accounting through this software. Companies like eVanik and many others provide you with the service of account integration

  • Impactful Inventory Management

Inventory management is an essential affirmative step to starting the eCommerce business from scratch. You must have a track record of every product you will sell online. Demand and supply is the key to online business, and if you do not have clarity about your inventory, you can not fulfill the demands of your customers. In the beginning, many sellers opt for manual inventory management, but it can become a headache for them. That is why it is advisable to use inventory management software for hassle-free handling of your inventory. You can quickly get a subscription for this type of software and save your precious time.

Conclusion

So what are you waiting for? If you have one substantial online business plan, it is time to go ahead with it. eCommerce platforms provide you with the colossal opportunity to sell anything online. Grab the opportunity and start your eCommerce business with the above essential affirmative steps. Initially, you can invest less and start selling your products online in no time. Later on, according to your revenue, you can quickly expand your business as well. Selling online is a great idea instead of opening a physical store because there is no time limit for online stores. You can sell products 24×7 without any restrictions that offline sellers go through daily. After the pandemic eCommerce industry is emerging day by day, that is why this is a golden era to start your online business.

eCommerce Integrated Software|| Impact On Warehouse Management

eCommerce Integrated Software|| Impact On Warehouse Management

A business has a lot of steps to follow when it comes to booking maintenance. Every seller prioritizes the data handling of their company very efficiently. That appeals to a need for centralized control of data transparently and accurately.

There was a time when businesses used to carry out all the finance-related activities manually. It is proven that manual work can not guarantee accuracy. In addition, the manual working process takes a lot of time and effort. It even gets worse when high cost also gets involved in it. Because of this, modernization has given a fast solution to it. Nowadays, businesses choose to keep their record through integrated accounting software. As finance is the backbone of every business, an owner must be sure about the new technique used in the current scenario. But then, how can these activities be performed at a rapid speed with minimum or no number of errors?

The challenges a company comes across for its accounting have given rise to a new technique that grants sellers a better experience and effective results. To grow big and focus on objectives, one must gets enough time and concentration from the rest of the business activities. And now that the invention of “Integrated Accounting Software” has come with its excellent quality for all the companies working in the market, it is quite easy.

eVanik, a new era smart software that understands the problems of companies and has all the solutions, is a leading integrated software that is helping out numerous companies in India with amazing performance.

But before we jump on the advantages of Integrated Accounting Software, let us know what exactly it means.

Importance of Integrated Software on eCommerce Warehouse Mnagement

Integrated accounting software is a solution to all the traditional financial and accounting problems of businesses. In this, a single application can take over all the responsibilities right from reconciliation in payments, tally integration system stock management, inventory management, omnichannel order process, tracking product performance, auto pricing, and so on. In a rapid culture, everything needs to be as quick and accurate as it could be. This eventually has emerged to the existence of software that can provide you with instant calculations on a real-time basis. Companies that deal with issues like inaccurate reconciliation, unsatisfied tally integration, and the number of accounting books need to switch from traditional methods to a modern package.

For a better understanding, an integrated accounting software gives you a wholesome report of reconciliation accounting system, tally integration system, order processing, paid or unpaid data, market trends and competitions, fee charges, return rates, and a lot more in just one click. Isn’t that amazing? But do you know how eVanik makes itself the best business management software offering some exclusive and over-the-top services for all the sellers working in an eCommerce store?

eVanik has a single cloud-based space that allows the seller to have a combined report of its accounting and financial ERPs. Keeping a record of the daily transactions of a business is not fun, but with eVanik many sellers have experienced a full proof data handling experience at their fingertip.

How Does An Integrated Accounting Software Works?

Let us consider all the accounting activities which are required to be taken into account like reconciliation integration solution, tally integrated system, order processing, and management, tracking inventory, inventory management, return rates, profitability calculating, tracking product’s performance, and so on. All these need a lot of time and patience to calculate. But eVanik integration accounting software has a solo center from where all these activities are performed and tracked on a real-time basis emphasizing to make these data errorless and remarkable. Integrating all the finance and accounting-related information is difficult. But technology has a solution to everything.

Say Yes To Smart Work

While everything and anything is changing frequently with time, business patterns have also been changed. With integrated accounting software, it becomes easy to find each required detail of your finance and accounting management. Manual working is now obsolete. Digital businesses handle things with ease. Any business should focus on fewer investments and grabbing more profit from the same. For this, a cloud-based single platform architecture will enhance the growth of profit as you will be concentrating more on your base activities. Hence, a seller should follow the trend of not only working hard but working smart as well.

Centralized Control Of Warehouse

When there is a mechanism to manage your godowns, enlisting your products and selling information, nothing can be more exciting than this. As eVanik has a single platform that looks after how many products are being brought in the warehouse and how much of it would be released at that given time. Also, it ensures tracking the products available in the warehouse and their related issues as well. There can be choices a marketer would make, but the best deals come when you are ready to improve.

Clear Picture of Business Performance

With integrated accounting software, a seller can have a clear idea of where his|her company is positioned in the eCommerce wide market space. Many dealers do not understand and evaluate the proper mechanism of their business because of which they end up losing great opportunities to grow. Therefore, having a smart assistant who could handle your stress on your behalf is not a bad idea. This would not only give aggregative and detailed information about your finance and accounts but also helps you in tasks like profitability calculating system, inventory management, omnichannel order management, etc.

Consistent and Regular flow of Stock Management System

Warehouse management has to be easy enough to make order processing easy. When a seller would know an accurate stock management system and solutions, they can’t focus on a better end product to serve their customers. Here, integrated software helps a company to have consistent and regular updates of stock bought and sold to the customers. Daily, it creates a better situation for the company to process its mechanism.

There is no doubt about investing in integrated accounting software for your company because not one but much daily-based business management would be performed easily. But anything you adapt to new takes a little time for learning. In Conclusion, it would be the best choice for any scale (small, medium, large) companies must subscribe to effective solutions for their eCommerce problems and one such assistance is eVanik.

Importance of Inventory Management

Importance of Inventory Management

Inventory Management

Inventory Management is crucial to prevent an “out-of-stock” situation that can lead to lost sales for ecommerce sellers and disappointment for customers. Inventory management controls the entire flow of goods from manufacturers to warehouses and from there to point of sale. It entails management of orders, returns, logistics, returns etc.

It is necessary to streamline the inventory management system as a mismanaged inventory can lead to retailers witnessing huge losses.

Why do you need Inventory Management?

It is imperative for ecommerce retailers to be aware of its inventory in order to achieve efficient as well as fast operations, at an affordable cost.

An efficient management of inventory results in reducing costs that further helps to keep accounts and finances of retailers in check.

It also helps in offering better customer service through fast delivery of goods and low shipping charges, thereby meeting customers’ expectations.

Benefits of Inventory Management: There are a plethora of benefits in having inventory management.

Keeps track of one’s inventory and provides a centralized view of stock.

Controls the costs of ecommerce sellers by creating stock reports in order to analyse the inventory.

Enhances delivery by proper management of stock-outs and meeting the expectations of customers.

Assists in planning and forecasting by properly analyzing the data trends.

Reduces the time taken for managing the inventory by keeping one’s records in place.

eVanik OneWorld Suite: eVanik OneWorld Suite from the trusted eVanik Networks, which is the most awarded ecommerce solution provider in India, helps in effective inventory management. Over 12 thousand ecommerce sellers rely on eVanik OneWorld Suite to automate their back-office marketplace operations and skyrocket their online business on the best online seller sites in India.

eVanik OWS’s inventory management software is a centralized and synchronized inventory management software for multi-store, multi-channel businesses selling online and offline. This inventory management software manages common inventory for several channels and automatically reprice it to stay on “Buy Button” always thereby helping ecommerce retailers to keep growing their sales. It also helps to manage the order lifecycle. From procurement to warehousing, from order processing to shipping to returns, eVanik OneWorld Suite helps in the entire order lifecycle management. The software also provides Live/Out of Stock and Price Tracker. For brands selling through partners, dealers etc, one can get real time visibility on Live/ Out of Stock products and price change alerts with email notifications. eVanik OneWorld Suite from the trusted eVanik Networks also provides ecommerce reconciliation, with 99.6% accurate reconciliation of payments, returns, commissions and inventory in real time, with no cumbersome excel uploads or downloads.

Benefits of eVanik OneWorld Suite: Inventory management and Business profitability are interrelated and the biggest reason for the success or failure of a business is the way the inventory was managed. In the e-commerce marketplace scenario, inventory management becomes all the more important and hence it is imperative to have a seamless and centralized ecommerce inventory management software like the eVanik OneWorld Suite.
1. eVanik’s inventory management software tool helps an ecommerce seller a great deal by automating the online sales and inventory management system.

2. eVanik OWS is connected with all major e-commerce marketplace channels for inventory management. All one needs to do is set up the virtual common inventory once and the system will manage it across all marketplace channels for all products.

3. eVanik OWS Inventory Management Software is a boon for ecommerce sellers as it helps to manage their inventory across Amazon, Flipkart, Snapdeal, ClubFactory among others.

4. eVanik’s inventory management software helps sellers to save valuable time so they can focus on growing their retail business while eVanik OWS Inventory Management Software improves visibility into their supply chain.

5. It manages their online inventory by easily tracking and syncing product quantities across all online sales platforms in real-time. Every time a retailer receives an order from an online channel, eVanik OWS’s inventory management software apart from fetching that order, also automatically refreshes stock data to all online channels where the product is listed.

6. Does not require any software to install

eVanik OWS Inventory is a fully web-based solution that is hosted in the cloud. As a result, retailers never need to install software, upgrade updates, or archive their data.

7. Integration of multiple selling platforms

eVanik OWS Inventory has over twenty integrations with many selling platforms including Flipkart and Amazon, and will mitigate the headaches due to overselling. eVanik OWS automatically updates the selling channels in real-time with updated stock levels.

8. Support High Transaction Volumes

eVanik OWS Inventory supports higher volumes of transactions so sellers do not face any problem.

9. Free training and support

eVanik OWS provides a free training session from the start, and on procuring the software, ecommerce retailers are assigned a dedicated customer relationship manager to handle all their queries.

Key Features of eVanik OWS’s inventory management software: Following are the chief features of the eVanik OneWorld Suite from the trusted eVanik Networks, which is the most awarded ecommerce solution provider in India.

1. Composite SKU’s (bundles/kits) One can now combine SKUs to create composite SKUs that will depict the inventory of the underlying SKUs. Managing inventory with bundles will help to enhance your catalog by creating new offerings from your existing products with attractive pricing for higher-order values.

2. Advanced Order Routing

The software further offers Advanced Order Routing based on geolocation, warehouse priority, and stock availability. You can now combine SKUs to create composite SKUs that will depict the inventory of the underlying SKUs.

3. Custom Alerts
Ecommerce sellers can now set custom alerts for low inventory levels and create purchase orders.

4. Product SKU Mapping
With our unique inventory mapping system, sellers can track their products with different identifiers.

5. Multichannel Tracking
One can track product quantities and sales across boundless integrations. For retailers that have inventory in multiple warehouses, eVanik can allocate inventories and designate orders based on predefined rules, such as region, shipping method, or other special designation of inventory.

6. Sell better, faster with eVanik OWS
With the best inventory software, you can turn inventory faster, maintain higher margins, and reduce manual inventory-related tasks, helping you focus on what you do best: sell.

7. Centralize your inventory
Visibility across multiple sales channels, stock locations, and stages of the product life cycle within one simple inventory app.

8. Sell flexibly
Take advantage of merchandising techniques like bundling and pre-orders.

9. Low Stock alerts
Avoid overselling and stockouts with low-stock alerts, and automatic stock adjustments as sales orders are processed and purchase orders are received. Low inventory alerts make it simple and convenient to place a reorder from the appropriate supplier directly from eVanik´s.

10. Automate purchase orders
eVanik´s powerful capabilities automate and simplify your inventory management. eVanik automatically adjusts inventory through purchasing or vendor feeds. Product availability amounts are automatically updated across all marketplaces.
11. Transfer and track inventory
eVanik´s end-to-end platform will automatically reserve availability when an order is first created and decrease it from physical inventory upon shipping.

12. Cloud-based inventory management software
Modern Inventory software without the excruciating updates; available regardless of where a client or group is based.

13. Integration with accounting software
Build and study Sales and Inventory Reports

eVanik OWS Inventory Management software thus is an efficient and affordable software that gives retailers a robust product that has a plethora of advantages that helps ecommerce retailers catapult their business and take it to greater heights.

Everything you should know about warehouse management systems.

Everything you should know about warehouse management systems.

It is believed that the journey of warehouse management started in ancient times when farmers thought to keep a record of grain from the crop.

All they wanted was to use the record so that they could prevent famine.

With time and technology, the process turned out to be fast and tracking became easier.

However, the basic concept of warehouse management never changed. Therefore, it can be defined as “managing everyday operations of a warehouse”.

The process includes arranging warehouse and physical inventory management, maintaining appropriate equipment, conditioning of product, managing new product, space management, packaging, stock receiving, and tracking.

Hence, improving overall warehouse performance!

And “an application or software designed to optimize the method of storage by controlling and administrating the operations in a warehouse is known as a warehouse management system”.

This was a glimpse of all the content that we are going to discuss in today’s blog. Let’s first start with understanding the basics of warehouse management systems.

What does a warehouse management system do?

A warehouse management system controls and manages the process of stock storage with the aim of providing consistent availability of the product.

It is a software supporting day to day operations in a warehouse, giving you a centralized system to control the process of storage.

There are many other benefits of using a cloud-based warehouse management system for your business growth.

Benefits of a modern cloud-based warehouse management system

With technically growing nations and advanced customers who mostly prefer digital mediums for all their purchases, it is the right idea to adapt the smartest technology.

And a perfect match for that, in today’s world, is moving to the “Best cloud-based e-commerce management system”.

  • It will help you in saving your precious time by integrating multiple complex channels at once.
  • Connect you directly with all the leading e-commerce marketplace platforms, shopping carts, accounting ERPs, 3PL providers, and Payment Gateways.
  • It will help you to lower the upfront cost as you don’t need to hire an IT specialist and no longer need countless software or hardware.
  • With a cloud-based system, there is no upgrade or maintenance fee. And still, you can always use the most upgraded version.
  • You can now quickly expand your supply chain operation and meet all the market expectations with a modern cloud-based management system.

Therefore, the tool helps in providing digital support to all your warehouse management processes starting from receiving goods until delivery of the product.

Warehouse management process

The process of warehouse management involves the following steps: receiving goods, put away and storage, order picking, packing, and shipping.

All these processes involve certain functions and you can always optimize your functions according to your business needs.

1.   Receiving of goods

The process of warehouse management starts with receiving the product and unloading it from the vehicle.

Here you have to ensure that you received the right product, in the right amount and right condition.

Don’t just receive but validate!

When the shipment arrives, make sure to check and validate the product, which means you have to check the quality of the product.

Quality control here can help you in making further processes smooth. It involves checking the goods you ordered thoroughly and then taking them forward to your inventory.

If any product is damaged, keep it aside and inform about it in real-time.

Unload the products and check if the number of boxes is the same as mentioned in the

delivery shipping notice i.e. you have to check the product count.

Check all the return documents such as invoice and packing slip.

After all these processes are done you have to prepare goods received note mentioning the details of the products you received.

The details include the description, quality, date of receiving, GRN number and so on.

This will help you to make entries in the inventory about the product and you can also cross-check that you received all that you ordered.

Finally, you are ready to arrange the product in your inventory accordingly.

Receiving a new product!

 With a growing business, it is quite obvious to expect a frequent rate of new products in inventory.

With new products, you have to play a little wiser!

Remember to mark enough space for newly arrived products in your inventory and guide your team about the product and its handling.

Add necessary labels and barcodes to the product at the time of putting away and don’t forget to update your inventory. As in this way your product will be ready to sell.

2. Put away and storage

Similarly, for every product once received, you have to put away the product in the right, place and keep the product in the best suitable condition.

Doing them right can help you to get the most optimum results in the future.

Make sure to do the “material handling right” for this entire process.

As by handling the product right, there will be less damage leading to more satisfactory delivery and you know the rest.

Use this principle and optimize the process!

 “Minimal touches of goods,” the principle states that you should directly put away goods to its final location.

The fewer the touches are, the less will be the probability of product damage.

Also, make sure to do the put-away process on the day you receive stock.

It is often seen that when the new orders arrive, the team turns to be busy working on it. Hence, the priority of that moment is picking and packing.

keeping the new stock aside. And this may negatively affect your warehouse.

The put-away process and storage go hand in hand, once you are ready with where to keep the stock, make sure to consider the storage required by your products.

The conditioning of products must be given a high priority depending upon the needs of the product.

You can also use the ABC tool!

 According to this tool, the products get classified into three sections.

1. A Item- These are the high-value products with low sales frequency.
2. B Item- These are moderate value products with moderate sales frequency.

3. C Item- These are low-value products with high sale frequency.

You can keep C items closest to the packaging area and Vice Versa for A item.

You can also categorize the product according to its requirements.

For example, if the product is very heavy, try to place it with the proximity of the door, or if a product is required to be kept at a particular temperature, make sure to place it accordingly.

Rearrange the warehouse with time!

 No doubt the process is really time-consuming, but good management is all about investing the right resources at the right time for optimum future results.

Right?

So do not hesitate to rearrange your warehouse according to the need of time.

As there could be some products that are at high demand during summers and during winters no one wants them.

Once the put-away and storage are done to your product, you start getting orders and therefore the process of order picking starts.

3.   Order picking

As the name itself signifies its meaning, the process involves picking up the goods as per customers’ demand.

It is found that this process involves the highest percentage of all warehouse operational expenses, comprising 55% of it.

The process of order picking involves selecting the item from the warehouse to satisfy all the independent customer orders.

Therefore, it is recommended for you to follow a smart technical way to analyze the process.

Choosing the right order pick up system involves the requirements of your product by customers.

Since the requirement of every product is different, it is not necessary that one plan will work for all.

So, here are some of its types!

1. Zone picking- In this method, the inventory is divided into zones and the order picker will only work for one specific zone.

The process of zone picking works best for businesses with high order volumes and multiple daily ships.

The process may take more days for shipping as products are passed around in the warehouse.

2. Batch picking- A picking process that mostly works well for any business, that follows the motive to fast order fulfillment.

In this process, instead of working for a particular zone.

The team works for the orders to pick them up in batch and move for the packaging process.

The process is considered best for businesses with high order volume and has a common SKU.

3. Discrete picking or single picking- In this process, the team works for one order at a time, the team will only move to the next order when the first order is entirely complete.

This is usually done by small businesses, businesses with a small team or business working for heavy goods.

4. Wave picking- It is similar to discrete or single picking process, the only difference is, in this process orders from all the zones are picked and orders are then sorted as per requirement.

So these are all the picking techniques, you can choose or follow any of them.

But don’t forget to move to the next, till you find the best!

4. Packing the product

Once the product is picked, packing is to be done for further shipment.

All you need to be definite about is, you are shipping the right product to the right customer and of course with the right packaging.

Packing is much more than just tossing your products in a carton.

You have to be sure about the box size in which the product is to be shipped, packaging material and have to make sure if the product is not damaged.

Don’t miss to check!

Before moving to the package, make sure to check the product once with the order slip.

Once you are sure about the product, move ahead with a light packaging so that the weight of packaging does not add more to the shipping of the product.

And also make sure that the packaging of the product supports its efficient transportation.

5. Shipping

Shipping is the final and one of the most important steps of this process. Once the product is packed, it is now ready to be shipped to your customers.

Reports depict that 63% of customers buy more items if the delivery takes minimum time and has the option of free delivery.

Therefore, this process needs more tracking as you have to make sure that the right product goes to every customer without creating any hassle.

Successful shipping of products confirms that your process of warehouse management is right!

Make a right decision

There are different ways to adapt a warehouse management system and choosing the best one increases your chance of right management.

Let’s have a closer look.

1. Standalone warehouse: This management process involves managing the functions to the warehouse with some advanced functionality.

The functions that standalone warehouse manages are management of warehouse inventory, date tracking expiration, Recordkeeping, Inventory analysis and Directs putaway, order picking, and packing slip support.

It is interesting to note that it can be integrated with other systems and can be used.

Remember, if you have a small business this is an option to make a move!

The standalone warehouse system will take you ahead of traditional and manual systems without a high financial expenditure, unlike the supply chain and ERP.

2. Supply chain: The process helps in the coordination and integration of different supply chain processes.

To understand it better we can say that in this process all the manufacturers, material providers, transportation providers, distribution centers and retailers work together.

As communication and collaboration may become difficult when many companies work together, with the process of supply chain management, this is not a problem.

The process helps warehouses to integrate with suppliers, carriers and retailers.

If you are an e-commerce company or a company working with a large volume of orders from a different party. This process can be right for you.

3. Enterprise resource planning: ESP can be understood as an important system to manage everything in your business.

This system helps you in integrating your warehouse systems with many different tools and systems.

Like accounting and finance tools, human resources systems, point-of-sale systems or order managing systems, project management systems, and compliance systems.

Any business can go for ERP but is considered to be an expensive method as it could take a high budget to hire a consultant to hire with ERP procurement or sometimes a large IT team to manage it.

Using the right software for warehouse management!

The best way to manage a warehouse is by using good warehouse management software which will not only reduce the cost of your back office work but will also help you to automate and digitize all your work.

And yes, all the high growing retailers use one or the other automation tools. So if you want to be one, let’s find the right tool for you.

With warehouse management software you can make your work convenient and the workflow systematic, It can help you in many ways like;

1. Control and track- With a warehouse management system software, it will be much easier to control and track the transfer and storage of your product in the warehouse.

With the software, you can scan and keep a note of all your products and inventory.

So, no paperwork and the data of your warehouse will be on your fingertips!

And you can anytime analyze data of goods shipment, payment, etc.

2.  Reduce risk- While working on your warehouse manually there are high chances of errors. The WMS software helps you work with minimal errors.

You can now trust technology!

3. Make your own plan – The warehouse management system software provides you a chance to create your own optimized process.

You can create a process that not only suits your business but also suits your product storage in the best way.

4. Branding – A quick and accurate delivery of products will help you in improving your relationship with customers.

This will help you to build up a good image of your brand.

5. Provides security – As we know, all the information traditionally was stored in hard copies with a high probability of loss in data but now you can easily deplete the paperwork and secure your information.

Also with the software, every employee will have a different identity to work with and make transitions, increasing accountability and decreasing the risk of theft.

6. Reduce operational expenses- With software, it is easier to manage all the processes in one go.

You can easily manage the process of warehouse management system i.e. receiving, putting away, picking, packaging and shipping from one common point.

It will also help you in understanding your product and its storage reducing the damage of certain perishable goods.

Even in the case of non-perishable goods, you will have an idea of the efficient use of space and labor for them.

7. Optimizing customer service- A good customer bond is all you need to grow your business, and right warehouse management software understands that.

It optimizes the delivery process right from the product order to shipping by accurately finding the item availability and exact delivery dates.

8. Better ERP, better you- The right software will help you to enhance the enterprise resource planning, making your outgoing shipment accurate and reducing chances of return.

So if you are looking for the right software with all the above features, eVanik is here for you.

Are “Inventory management and warehouse management systems” the same?

Whenever we talk about warehouse management, the term inventory management comes along.

But are they both the same?

The functions of inventory management and warehouse are somewhat similar, as both of them help in tracking parts and products, picking, packing, shipping and receiving the order.

But critical analysis helps in understanding the major difference in both of them.

We can say that inventory management is an initial step in the warehouse management system.

For example- If you want to know about the location of any product, the warehouse management system will help you to know the exact location.

However, the inventory management system will reflect that the product is somewhere in the warehouse.

Another way to understand the difference is that the warehouse system consists of multiple compartments and rows for a particular product providing the entire detail of it.

On the other hand inventory management can only provide information on how much is present here.

A final look over!

The warehouse management system supports managing the processes of the warehouse, starting from receiving the product to delivery.

A right system ensures less damage and high profit for your business, all you need to do is follow a smart management process in every step.

The system gives you convenience and provides your customer’s satisfaction. Moreover, you can always keep track of the work done and improvise accordingly.

Since change is what makes you better, a good WMS software will help you to understand and create a strategy to be better, actually to be the best.