A lot of consumers are selling products across multiple platforms like eBay, Etsy, and Amazon. On top of that, they might have their own Shopify store that requires managing inventory. Multi-channel inventory management is critical to the success of an eCommerce business. Why? Because overstock or out-of-stock items can cost a company a lot of money. How much money, you ask?
Well, if you have an overstocked item that never sells, this can become “dead stock.” The cost of dead …Read more