Fulfillment

Inventory Problems That Sendy Fulfillment Can Save You From

Sendy Fulfillment
July 29, 2021
December 2, 2022

When talking about managing a business, a lot of focus is mainly put on managing cash, profit or staff. One crucial aspect that is often missed is inventory management. 

When talking about managing a business, a lot of focus is mainly put on managing cash, profit or staff. One crucial aspect that is often missed is inventory management. 

From knowing how much stock you have, what’s under threat of expiring if it’s perishable, what was damaged and even what was returned by a customer. All these gaps can add up and affect your business negatively in the long run. 

Sendy Fulfillment, through our Fulfillment Centers, ensures that you as a business owner don’t have to worry about these problems. However, those aren’t the only ones. Here are a few more potential pitfalls to consider when you decide to manage your business’s inventory yourself. 

  1. Having too much inventory

This can happen when you simply eyeball your space and decide to add stock wherever there’s space without considering the rate at which your stock moves. By using Sendy Fulfillment, you can be able to track how much you’ve sent out and what is remaining. You can also, with time, accurately map out trends in how your inventory moves. 

  1. Miscounting

Sometimes inventory can be miscounted if it’s not properly tracked, lost or even stolen by a staff member. However, when it is properly tagged and tracked at every single process of the journey, this cannot happen. You will know what you have and where it is. EIther in storage, on the way there or on its way to a delivery. 

  1. Stocking up on less high demand goods

When you don’t have proper tracking, you risk treating all your stock as equal. Because you are not clearly aware of what is moving at what rate, you could end up holding a lot of slow moving stock, tying up your capital in the process. 

  1. Lack of a back up

When you do your own inventory management, you are most likely storing it in one place for easier management. If something happens, say the book gets lost or a computer’s disk gets corrupted, all your data is lost. By using Sendy Fulfillment, at least you will have a back up. With our state of the art technology and security features, your inventory data is always safe and accessible by you whenever you want. 

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Sendy Fulfillment