Handle the Online Market with an Inventory Management Solution

With the unprecedented rapid growth of online shopping and the emergence of giant marketplaces like Amazon, Lazada, Shopee, Zalora and many others, the challenges and pressure to perform for regional warehouse operations are greater than ever.

To compete effectively in these popular and growing marketplaces, manufacturers and distributors must often deal with a steadily increasing amount of orders. They need a sophisticated inventory management solution that allows them to sell products from a single catalog to multiple marketplaces quickly and easily.

The rise of giant online marketplaces and the public’s embrace of them was sped up considerably by the COVID-19 pandemic. Warehouses across the globe were suddenly caught unawares by the deluge of online orders by people who were under a lockdown or scared to venture out of their homes.

Even as the world grows used to dealing with the pandemic, the volume of online orders will never go back to what it was before the pandemic. The public has discovered the ease and convenience of ordering online.

Warehouse Operations Have to Rise to Meet the Challenge

Warehouse operators recognize that the present volume of orders will only increase in the future as more users choose to buy online and more marketplaces are launched. They’ve turned to the experts in logistics for software to make their enormous tasks much easier to manage smoothly and effectively.

PayRecon Malaysia is a company that offers cloud-based software that solves many of the challenges facing the warehouse industry today.

Their e-commerce management solutions offer control over stock availability when ordering via a marketplace quantity sync. They also offer payment reconciliation, a multi-chat function that allows a warehouse to be in contact with several marketplaces simultaneously, and an accounting integrator that allows the warehouse to send out invoices to several marketplaces accounting departments and integrate them via SQL.

Part of a Total Warehouse Management System

The growth of the e-commerce market meant that it was imperative to add these features to PayRecon Malaysia’s warehouse Management System (WMS). This system represents a powerful set of warehouse management tools that require little in the way of IT infrastructure investment because it’s completely cloud-based.

The WMS offers software to make the warehouse run smoother in both inbound and outbound operations, inventory tracking, dropship and order fulfillment.

The software even has a warehouse design feature that helps you design from the ground up the most efficient facility for your needs or maximize the efficiency of your existing warehouse for the faster and more exacting service of your customers.

PayRecon also maintains a connection with all their customers and helps to further their education in the latest techniques and practices by posting tutorials, articles and tips on their website.

Please browse the PayRecon website to find out how they can help you rise to the challenges of the shift to online orders and delivery. And please sign up to view one or several of the tutorials about the various features of the software they offer.