Effective inventory management across several platforms is a difficulty that comes with the rapid growth of the e-commerce business. Real-time stock level monitoring is essential for preventing overselling, preserving customer satisfaction, and optimizing business processes while selling on Shopify and Amazon. This blog post explains how to use Amazon MCF by WebBee as a solution to provide flawless inventory synchronization between Shopify and Amazon. We'll examine the value of inventory synchronization, go over Amazon MCF's features, and offer a detailed explanation on how to enable inventory sync. We'll also present success stories and best practices for efficient inventory management to highlight the real advantages.
Inventory Sync: A key tool for E-commerce businesses
Inventory sync is an automated technique that keeps all sales channels' stock levels equal. It is necessary for e-commerce businesses that sell across many different platforms, such as Shopify and Amazon, to have:
- Accurate Inventory Levels: A customer orders a product even though it is out of stock on Shopify, it is resolved by instant inventory sync from Amazon MCF, which offers a consistent view of the inventory across platforms, guards against overselling, and guarantees correct information about product availability.
- Reduced Overselling: It can affect customer trust and the brand identity. You would not have to take a chance to refill orders for products you don't have in stock if the inventory is synchronized, which will help with order fulfillment and make customers happy.
- Improved Operational Efficiency: Correcting inventory levels by hand on several platforms is harsh and prone to error-procedure. By automating this process, inventory synchronization frees up time so you may concentrate on other important areas of the business.
What is the best tool to integrate Shopify and Amazon?
Shopify Amazon integration can be made possible with Amazon MCF by WebBee application that acts as a Shopify inventory tool to help synchronization between the Shopify store and Amazon, allowing seamless integration and inventory synchronization. Know how Amazon MCF empowers you:
- Real-Time Updates: Shopify and Amazon MCF instantly update inventory levels, giving you access to the most recent information at all times.
- Centralized Management: Eliminate the need to juggle different systems for each sales channel by managing the complete inventory from a single dashboard.
- Automated Syncing Processes: Say goodbye to manual updates, By automating the inventory sync procedure, Amazon MCF WebBee helps you save major time and effort.
How to sync inventory between Shopify and Amazon?
It is possible to sync the inventory between Shopify and Amazon, Amazon MCF by WebBee allows Shopify sellers to integrate Amazon platform, in this way, you are not merging the platforms but you are using Shopify as a sales channel on Amazon. This process can be made easier with the help of Shopify Amazon integration, after integrating the platforms it automates the workflow and frees up time and space for you to do other things to enhance the business.
Step-by-Step Guide: Inventory Sync between Shopify and Amazon
The main step is to have active accounts of both Shopify and Amazon to do the inventory sync process.
Step 1: Install Amazon MCF by WebBee from the Shopify app store.
Step 2: Add Shopify as a sales channel on Amazon MCF by WebBee.
Step 3: Log in to the Amazon Seller Central account, select the Configuration settings and paste into the Amazon MCF application.
Step 4: Once both the platforms are connected then, Go to the Configuration Page Marketplace Settings, and turn on this Auto Import Inventory from Amazon FBA to Shopify toggle.
Key points to remember while Shopify Amazon inventory sync:
1) Make sure that your Shopify products / SKUs are added to the Shopify location required for inventory sync in our app, click here to learn more.
2) Make sure that your Shopify SKUs are mapped with their corresponding Amazon MCF SKUs, click here to learn more.
3) Make sure that the correct fulfillment location is selected in this Shopify Location to use as a virtual Amazon MCF setting, click here to learn more.
4) Make sure that the "Track quantity" checkbox is checked in every product and its variants.
Important Notes:
1. Product/SKU Mapping: For successful inventory sync, the Shopify products and their corresponding SKUs must be incorporated into the designated Shopify location required by the WebBee app.
2. SKU Matching: Double-check that your Shopify SKUs are accurately matched with their corresponding Amazon MCF SKUs. WebBee provides resources to guide you through this process.
3. Shopify Location Picking: Within Shopify, select the correct fulfillment location to utilize as a virtual Amazon MCF setting. WebBee offers guidance on making this selection.
4. Track Quantity Checkbox: Ensure the "Track quantity" checkbox is activated for every product and its variants within Shopify.
Finest Practices for Effective Inventory Management
Inventory sync is a strong tool, but to use the best of its benefits, consider these best practices:
- Inventory Optimization: Keeping ideal inventory levels is important. Explore the sales data to forecast demand and prevent stockouts or overstocking. Use tools and strategies to optimize inventory levels and ensure you have the right product to meet customer needs.
- Order Fulfillment: Inventory sync plays an important role in simplifying order fulfillment. With accurate stock levels, you can confidently fulfill orders without delays, improving customer satisfaction and faster delivery times.
- Monitoring: Regularly monitor the inventory metrics and analyze the data, it helps in keeping track of inventory and updating the issues that are encountered.
- Analytics: It will provide valuable insights into the sales movements and allow you to make informed decisions regarding inventory management and product sourcing.
Customer Success Story with Amazon MCF by WebBee
Gaining the support of Amazon Multi-Channel Fulfillment, 5kind has experienced a spectacular transformation into a truly global business, selling its skincare products through five different online sales channels in nine different countries. They improved productivity, optimized business processes, and provided an excellent customer experience by utilizing Amazon MCF by WebBee.
The skincare brand 5kind, located in the UK, saw a notable improvement in its business processes following the implementation of Amazon MCF by WebBee. Here's how inventory synchronization was essential to their success:
- Substantial Expense Reductions: Using the Amazon fulfillment network, 5kind was able to cut operational costs by 12%. This was accomplished by doing away with cross-border fees and simplifying the overhead expenses related to handling inventory in several locations.
- Streamlined Operations: Inventory sync via Amazon MCF by WebBee allowed 5kind to centralize their inventory management. This eliminated the need to manage multiple stock locations, resulting in a more efficient and unified operation.
- Enhanced Customer Experience: For the 5kind customers, exact inventory information and efficient order fulfillment procedures meant an improved level of customer service. 5kind could guarantee they never oversold products and could quickly complete orders with inventory sync.
The observable advantages of inventory sync via Amazon MCF by WebBee can be illustrated by this example. Businesses may benefit greatly from this integration by cutting costs, optimizing processes, and improving customer satisfaction.
Final Thought
In conclusion, e-commerce companies that sell on several platforms must ensure that their inventory is synchronized between Shopify and Amazon MCF. With its centralized administration, automated procedures, and real-time updates, WebBee's Amazon MCF provides a smooth way to accomplish this synchronization. Like 5kind, you can get the full benefits of inventory sync and realize its full potential by putting best practices for inventory management into practice and following the procedures provided in this blog.