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Understanding SKU Tracking and How it Can Help Your eCommerce Business: Part Three
by Christie McLeod on May. 11, 2022
Choosing the right partner can make or break your company’s logistics, customer service, and repeat purchases. Using a fulfillment center like Shipfusion frees you from navigating the fulfillment landscape with zero stress. Below are some insights on how Shipfusion can take your business to the next level.
How to improve your SKU tracking
Here are some of the things you need to keep in mind in order to ensure a more efficient SKU tracking system.
Design a standardized method of tracking:
One of the most important things for you to do is to develop a standardized method of tracking your stock. A consistent and easy-to-understand coding system is key to avoiding any errors. A simple and consistent system also makes it easy for other members of your team or third-party entities to understand exactly what each code means.
Avoid confusing characters:
Creating a coding system with confusing codes can end up working against your tracking needs. For instance, starting your coding system with the letter O can cause some problems especially if you consider that it almost matches with the number 0.
Consider similarities:
Ensure you sort out products according to similarities and differences. For instance, having the same type of shirt in different colors can present a challenge unless you have a color-coding system integrated into your overall tracking technology. Things such as size, color, ingredients and quantity are among some of the issues that should inform your coding method.
Ditch the spreadsheets:
While spreadsheets can be a good way for you to keep track of a few items in stock, it should not be a long-term SKU tracking system. Spreadsheets can become a little too difficult to manage especially as the business grows and stock increases. The same applies to manual stock tracking using pen and paper.
Consider going digital:
The most effective way for you to keep track of stock is by utilizing a digital SKU tracking system. There are a variety of software or state-of-the-art tools that can integrate into your supply chain technology stack and warehouse management system to give the most effective results.
Embracing the latest technologies is key to eliminating human error, getting accurate reports, saving time and avoiding unnecessary expenses that may cost your business a lot of money.
Consider working with Shipfusion
Shipfusion offers fulfillment services and excellent tools for building a successful eCommerce operation.
Shipfusion operates some of the best warehouses and provides expert inventory management to ensure your business runs as smoothly as possible. Shipfusion offers real-time technology solutions that make tasks such as SKU tracking simple and convenient to achieve its objectives.
It is worth pointing out that Shipfusion is able to handle every stage of fulfillment. This includes processing of orders, shipping and customer returns. Real-time updates regarding each of the steps ensuring that you are able to keep track of every item in your supply chain are always available to the client.
Working with Shipfusion is one of the best ways for you to free up your time, save on costs and ensure your customers enjoy satisfaction every time they use your services.
Shipfusion sets your business on autopilot and combines flexible, reliable fulfillment with powerful, real-time technology. Shipfusion has multiple fulfillment centers across the US and Canada– making it easy to manage your eCommerce business. For more information on how to set your business on autopilot, contact one of our fulfillment specialists today.
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