Originally published on August 24, 2015, updated August 15, 2024
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Inventory. Such a tricky thing, isn't it? Managed correctly, you’re making the most of your money. Managed incorrectly, you’re either losing out on sales or your funds are tied up in products sitting on warehouse shelves. It could be as simple as missing an Amazon restock alert - that's all it takes for trouble to start brewing.
So, the million-dollar question is this: as an Amazon seller, how can you optimize your inventory to maximize profits?
Amazon's Restock Inventory tool shows recommendations for replenishment quantity and shipping dates. It helps you plan how much inventory to send to fulfillment centers based on your sales history, demand forecast, and replenishment settings. You can customize your settings to optimize lead time, case pack quantity, replenishment frequency, and more. You can create shipments on the page.
You can also set inventory replenishment alerts in Seller Central for individual products or groups of products. When your listing's fulfillable quantity reaches your selected threshold, you'll receive a replenishment alert via email. You can decide whether you prefer to receive alerts based on units or weeks-of-cover, which Amazon calculates as the number of weeks of on-hand fulfillable inventory based on your sales over the past 30 days.
When deciding on your alert quantity for each product, you'll need to consider your average sales and the lead time required to order and ship stock to a fulfillment center.
Related reading: How to Remove Unfulfillable Inventory from Amazon FBA
Although Amazon provides some tools to work with when it comes to inventory, it certainly isn’t offering what you need for a complete picture (just ask this longtime Amazon seller!). You need more than an Amazon restock alert! This is where the power of RestockPro can make your sales data work for you.
RestockPro consolidates product, sales, and supplier information along with your restocking preferences all in one place on its Restock Suggestions page to streamline FBA inventory management.
RestockPro saves valuable time by putting you in control of your inventory. It does the heavy lifting for you, automatically analyzing your data based on your preferred assumptions. This includes competitive data and estimated margins.
You can set minimum and maximum numbers for your products and color code them for easy identification. Designate different ranges based on your suppliers and automatically factor supplier lead time into the ordering process. Estimate future sales velocity and view seasonal sales trends along with total inventory value and other key metrics.
Tag your products for easy identification and management. Create and track purchase orders to your suppliers. Manage products that you plan to sell as kits or bundles. Track the inventory in your local warehouse and determine when to reorder and ship inventory to FBA.
Now there’s no need to guess which products are most profitable or crunch numbers in complicated spreadsheets. RestockPro hands the information to you and lets you capitalize your restock dollars on the items that bring the largest profits. This powerful software functions far beyond a simple Amazon restock alert, helping you stay in stock at FBA and maintain profitability.
Originally published on August 24, 2015, updated August 15, 2024
This post is accurate as of the date of publication. Some features and information may have changed due to product updates or Amazon policy changes.
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