India’s e-commerce industry has witnessed significant growth over the years. Owing to rising product demands, supplier networks, and technical advancements, the domestic e-commerce sector has experienced consistent growth.
To keep up with the emerging trends in the e-commerce industry, necessary warehouse management ideas are developed. Implementing strategic warehouse management is essential to sustain fluctuating demands in the e-commerce sector.
We at Ganesh Complex can offer you the best solutions for e-commerce warehouses in Kolkata. Inventory set-ups are necessary to initiate faster and same-day deliveries.
Are you looking forward to an industrial space in Kolkata? We can help with a comprehensive guide on how to link your inventory set-ups with e-commerce-supportive warehouses.
Check out this blog to learn more quickly.
What is an E-Commerce Warehousing?
E-commerce warehousing is similar to offline warehouse management in that it benefits from commodity storage and shipment. However, space management in e-commerce warehousing is slightly different from offline warehousing. Here’s how e-commerce warehousing is unique:
- Providing easy access to products with same-day or quicker delivery dates.
- It involves horizontal and vertical access to commodities with higher perishability or fragile indexes.
- Including a digital warehouse system for automated inventory tracking and management.
- Offer faster and cleaner inventory piling, movement and shipment across different networks.
Our inventory management experts can actively assist you with the aspects mentioned above. Whether it’s your online food business or electric goods, we include data-driven decisions for managing diverse inventory levels.
Best Inventory Set-Ups to Know About
Just-in-Time (JIT) Inventory Management
JIT Inventory Management is quite similar to lean stock management. This strategy can offer you the best e-commerce warehouse solution for improving stock access.
With the JIT process, you can store and ship commodities as per your market demands. Once a balance between demand and supply is achieved, your customers will receive products within a quicker timeframe.
First In, First Out (FIFO) Inventory Management
Perishability is crucial when it comes to edible and medical commodities. This is when you can use the first-in-first-out (FIFO) method for inventory management.
The FIFO method ensures that the products stored first are shipped. Active management of the FIFO method allows businesses to prevent stock damage and deliver products within a stipulated timeframe.
3PL Fulfillment
Third-party logistics (3PL) is an inventory-handling procedure used to handle the e-commerce products of other businesses. As one of the leading providers of industrial space in Kolkata, we will help you with vertical and horizontal processes to satisfy 3PL activities.
For detail-oriented business owners, 3PL fulfilment is the best option. You can acquire substantial cost savings on warehouse rent, shipment costs, and employees.
Setting Up Par Levels
Par levels act as a safety net for e-commerce warehouses by ensuring maximum space and flexible inventory management. You can arrange your stock according to product demand patterns and manufacturing timelines.
Maintaining a balance is necessary, and interlinking demand with deadlines is essential. You can access each product case-by-case and thereby handle inventor levels intelligently.
Product Prioritization
Once you have established your inventory management philosophy, you need to manage your product prioritisation appropriately. ABC analysis can be your best e-commerce warehouse solution, helping you maximize your revenue by fulfilling the inventory product line strategy.
You can arrange your inventory according to different product categories based on type, quality, and functioning ability. High-quality products can be prioritized, whereas medium and low attributes can be managed in between.
In Conclusion
E-commerce warehouse management is anything but simple. We at Ganesh Complex can help you with strategic and data-oriented warehouse solutions. Meanwhile, you need to prioritize the style and type of stock management that will suit your products. With a balanced operation for product demand and supply, you can attain triumphant returns in your warehouses.
For better and more flexible warehouse management, connect with us to attain consistent and long-term growth.
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