How to Deal With Purchasing Challenges

Savvy e-commerce merchants know that stocking up on inventory can be a complex decision-making process. It’s not always clear what to order and when.

Challenge #1
Identifying product demand

Sellercloud takes the guesswork out of the equation by tracking how fast each item sells and calculating the optimal purchase orders needed.

Challenge #2
Vendor management

But that’s not all – we know that dealing with vendors can be a bit of a headache. It’s not uncommon for them to deliver incomplete purchase orders or to send more or less inventory than what was requested. This can make it challenging to keep track of what’s owed and what inventory is expected.

So to make merchants’ lives easier, Sellercloud has a whole workflow for receiving purchase orders and reconciling vendor invoices. We make it simple for merchants to manage their relationships with vendors and stay on top of their inventory.

Challenge #3
Tracking product cost

Another challenge that e-commerce merchants face is the fluctuating prices of items. It can be tricky to keep track of the cost of goods over time, especially when different inventory items are purchased at different prices.

To solve this problem, Sellercloud offers a nifty cost-tracking feature. We use a weighted average to calculate the cost of all inventory, so merchants can accurately track profitability and price their items accordingly.

Succeeding in the cut-throat world of e-commerce requires mastering the art of purchasing, and Sellercloud has all the tools needed to do just that.