Are You Beginning To Comprehend The Significance Of Stock Management?

Another year has come and gone, and with it comes the dreaded task of clearing out the warehouse and keeping track of the inventory that occurs once a year. Strange, given that for most online retailers, this is the only action that aids supply control. We call it “weird” because it’s not the most relevant choice.

When managing your e-commerce site, keeping track of your inventory levels is essential. Not only will this guarantee that you never run out of products to sell, but it will also keep your storage costs from ballooning. There is more to inventory management than simply doing a headcount at the end of the fiscal year or keeping track of the quantity of each product type that is currently in stock.

Even though most people do that, stock (ส ต็ อก, which is the term in Thai) management can help you raise sales and conversion rates. Planning is required for the placement and handling of packages. Because you will constantly be moving things around in the warehouse, you will need a system that works well, is easy to keep up with, and lets you find anything quickly.

The Following Are Some Factors To Take Into Consideration:

• More Or Less Stock Rotation: 

If you have data that shows some products sell faster than others, or if you sell seasonal products (like clothes), you may want to change how your warehouse is set up so that there is more or less stock (สต๊อก, term in Thai) rotation.

• Size And Weight: 

Because of the size and weight of the packages being sent, the storage areas must be set up carefully so that heavy items travel the shortest distance possible. You might store them in the section that is also used for packaging.

• Verify That The Storage Conditions Are Appropriate: 

Is there a significant amount of humidity in the air today? How high can the boxes be stacked before you risk damaging something inside? Do the products require any particular handling methods?

Working with different vendors will provide you access to different label references. On the other hand, if you make your products, you’ll need to have some kind of labeling system in place.

It will be necessary to design a one-of-a-kind identifying code for each product. If you are selling t-shirts, you should identify the style (short sleeve, long sleeve, tank top, etc.), the manufacturer, the individual garment, the color, and the size.