We’ve got fantastic news! RestockPro now has functionality for Amazon.ca. To celebrate this announcement, we’ve decided to highlight some of the features that make this tool such a great asset to Amazon merchants around the world.
Whether you’re a new or experienced seller, inventory management is probably the most time-consuming, but important, part of your business planning. You need to know what and how much to order at just the right time. That’s no easy feat! While many people pore over spreadsheets for hours at a time trying to make the right decisions, RestockPro makes it feel effortless.
The Restock Suggestions feature is the heart of the cloud-based tool and serves as a guide to help you make informed decisions. With a glance, you’ll be able to visualize your FBA inventory upon receipt of a daily report that will alert you to urgent and upcoming restocking needs.
The software also allows you to automate the forecasting process by focusing on your top suppliers and anticipating demand while simultaneously keeping your entire supply chain in mind. You’ll be able to quickly consult your sales history, margins, competitive offers and more since all of the data is conveniently located in one, well-organized place!
Manage Purchase Orders
Managing purchase orders can be tricky for even the most organized FBA sellers, but RestockPro allows users to monitor what they’ve ordered and received from suppliers as well as tallying up the costs. Even if you use an external system for generating your POs, RestockPro can import or export what it needs to give you this valuable information.
Additionally, merchants who rely on multiple restocking models such as direct shipping, cross docking, a local warehouse (or all three!) can use RestockPro to keep track of POs while saying goodbye to their mountains of spreadsheets.
Easily Track Profits
If you’ve spent any time in the Amazon FBA program, you already know that the number of products you can sell is virtually limitless. It’s important to remember, however, that high sales volume doesn’t necessarily mean you will see high profits. For this reason, you have to keep a close eye on what’s working and what isn’t.
The goal is to focus on the items that are making you the most money. To help with this, RestockPro will actually calculate an estimated margin for every product in your inventory. This insight is invaluable considering how quickly the market can change.
Shipments and Labeling
Shipping can be a real hassle but RestockPro will have you covered every step of the way. Not only will the tool help you find the right products but it will also create shipments, including tracking receipts, so that you will know where your inventory is moving at all times.
Additionally, among other perks, you will have the ability to generate custom stickers and labels to expedite the shipping process. While adhering to the Amazon guidelines, RestockPro gives users the option to add two additional line items to make stickers more descriptive while ensuring the order remains compliant. Improved accuracy and efficiency during this step can be absolutely critical to running a successful FBA business.
Win the Buy Box with Kits
One of the most important things you can do to be successful on Amazon is to find ways to stand out from the crowd. While anyone can jump in and sell a single SKU, bundling (or “kitting”) can help you snag total Buy Box ownership — especially if you’re exclusively offering at least one private-label component.
RestockPro is equipped with a kitting feature that allows you to monitor both the individual parts and kit inventory levels to prevent you from running out of stock. On top of that, the tool will also track the profitability of the bundle to provide the most accurate restocking suggestions.
Get Started Today
The benefits of RestockPro are now available to merchants selling on Amazon.ca as well as Amazon.com and Amazon.co.uk. All of the great features we’ve mentioned and so much more will be at your fingertips, helping you make the best possible inventory management decisions.
Ready to accelerate your FBA business? Try our risk-free, 21-day trial and unlock the possibilities!