Bigcommerce Inventory Tracking

Inventory management is a crucial aspect of running a successful e-commerce business. Properly tracking and managing your inventory ensures you maintain optimal stock levels, fulfill orders timely, and increase profitability. BigCommerce is a popular e-commerce platform that offers built-in tools for inventory tracking. In this article, we'll discuss how to effectively manage your inventory with BigCommerce, delve into different inventory tracking methods, and explore useful tools like Ordoro to enhance your inventory management.

What Is the Easiest Way to Track Inventory?

Inventory tracking can often seem daunting, especially for large enterprises. However, it becomes manageable when broken down into simpler steps. Here’s how you can easily track inventory:

1. Utilize a Centralized System: Using a centralized inventory management system allows you to monitor stock levels, manage orders, and update product information from a single platform. This reduces errors and improves efficiency.
2. Automate Inventory Updates: Automation reduces human error. Integrate software that automatically updates stock levels across all sales channels whenever a sale happens.
3. Implement Barcode Systems: Using barcode scanning increases accuracy and speeds up the process of managing inventory. This method minimizes manual input errors.
4. Regularly Audit Stocks: Conduct regular physical stock audits to ensure actual stock matches recorded inventory levels. This helps you identify discrepancies and rectify issues promptly.

How Do I Add Inventory in BigCommerce?

Adding inventory in BigCommerce is a straightforward process designed to help store owners manage products efficiently. Here’s how you can add inventory to your BigCommerce store:

1. Navigate to the Control Panel: Log in to your BigCommerce account and go to the "Products" section available in the control panel.
2. Select a Product: Click on the product you want to update or add inventory to. If you're adding a new product, click on "Add" to create a new product entry.
3. Enter Inventory Details: In the product’s inventory settings, enter the available stock quantity. You can also set rules for the inventory count, such as low stock notifications.
4. Save Changes: After entering the inventory details, make sure to save the changes. This will update the stock level and reflect on your online store.

For more information on adding inventory, visit BigCommerce Support.

What Are the Three Methods of Tracking Inventory?

Tracking inventory can be approached in different ways, each suited for varying operational needs. Here are three methods of inventory tracking:

1. Perpetual Inventory System: This method involves real-time tracking of inventory. As soon as an item is sold or restocked, the system updates inventory levels, providing a current view of your stock.
2. Periodic Inventory System: Using this approach, inventory levels are updated periodically through physical stock counts. It’s typically less expensive but provides less immediate control over inventory levels compared to perpetual systems.
3. Just-In-Time Inventory (JIT): JIT is a methodology where stock is reordered in small quantities as needed rather than maintaining large inventory levels. This reduces holding costs but requires accurate demand forecasting.

What Are the 4 Types of Inventory?

Businesses often categorize their inventory into different types to streamline management. Understanding these categories helps in better organization and strategic planning. The four main types of inventory are:

1. Raw Materials: These are the basic materials used in the production of goods. For e-commerce businesses, raw materials might include components or parts.
2. Work-in-Progress (WIP): This category includes goods that are in the process of being manufactured but are not yet complete.
3. Finished Goods: These are completed products ready for sale and represent the stock that customers will purchase.
4. Maintenance, Repair, and Operations (MRO) Supplies: These are supplies used to keep production or manufacturing processes running smoothly, such as tools and equipment.

BigCommerce Inventory Tracking Number

A tracking number in inventory management usually refers to unique identifiers assigned to each product or shipment for tracking purposes. In BigCommerce, you can assign SKU numbers as tracking identifiers for inventory management.

1. SKU Management: Ensure each product has a unique SKU to facilitate easy tracking and management. The SKU also helps in categorically organizing products.
2. Order Fulfillment: Once an order is processed, the tracking number allows you and your customers to track the shipment details, ensuring efficient delivery.

Having a comprehensive SKU and tracking system ensures that both inventory and sales logistics align seamlessly, promoting efficient operations across your store.

BigCommerce Inventory Tracking App

BigCommerce integrates with several inventory tracking apps to amplify the capabilities of its built-in features. Here's why you should consider using an inventory tracking app, with a focus on Ordoro:

1. Ordoro: Ordoro is a powerful inventory management software that integrates seamlessly with BigCommerce. It provides features such as order management, shipping, and analytics, helping you streamline your operations. Ordoro is the preferred choice for several hundreds of happy BigCommerce and Shopify merchants due to its reliable and efficient service.
2. Multi-Channel Inventory Sync: Ordoro allows you to sync inventory across multiple sales channels, ensuring that stock levels are always updated and consistent.
3. Automated Reordering: With Ordoro, you can set automated reordering levels for your products. The system notifies or reorders items once they reach a specified threshold.
4. Comprehensive Reporting: Gain insights into your sales trends and inventory levels with Ordoro's analytics tools, helping you make informed business decisions.

To explore examples and testimonials from merchants using Ordoro, visit Ordoro's website.

Conclusion

Effective inventory tracking ensures that your BigCommerce store runs smoothly, reduces costs, and enhances profitability. By using tools like BigCommerce’s built-in features and integrating reliable software like Ordoro, you can efficiently manage your inventory, automate processes, and focus on growing your business. Whether you're a newbie or have been in the industry for a while, leveraging these strategies and tools will undoubtedly enhance your operational efficiency and boost customer satisfaction.