You can email the purchase order directly from Finale, and when you receive your shipment, Finale will update all your channels with the updated stock quantities. When your inventory gets low, we’ll send you an alert letting you know it’s time to send out a purchase order. Restock forecasting from Finale gives you one less thing to worry about. Running a growing business is hard. There’s a lot you have to keep up with. Leveraging the sales velocity of a product, Finale will automatically calculate dynamic reorder points based on your inputs - supplier lead time, desired safety stock and expected sales growth - to make smarter, faster purchasing decisions. There are many benefits to using Finale Inventory as your Walmart Inventory Management solution, including: Restock Forecasting For example, increasing inventory around Black Friday and Christmas because there is a higher demand for products around that time of year.īenefits of Using Finale’s Walmart Inventory Management Solution Anticipation: Similar to buffer inventory, anticipation inventory is extra stocks kept in anticipation of seasonal demands.Buffer: Buffer inventory is the extra stock of products that Walmart keeps to ensure they can satisfy any fluctuations in product demand.Transit inventory becomes finished goods inventory when it reaches Walmart, though it still needs to be tracked while in transit. Transit: Transit inventory refers to any goods that are currently in transit to distribution centers or stores.This type of inventory should be replenished regularly, as finished goods support Walmart operations.
Finished goods: Finished goods are most significant because they are what is sold at Walmart stores.There are four types of inventory you may need to manage when selling through Walmart, including: Walmart orders are automatically synced to Finale where it will make the proper stock adjustments. The first configuration allows for a direct connection between your Walmart marketplaces(s) and Finale.
#Walmart inventory software
Walmart Inventory Management Software for Your Growing Businessįinale has the ability to manage your Walmart inventory through two common configurations. The right inventory management software will help you track everything from purchasing and replenishment to inventory accounting and order costs. Cloud-based software also allows for scalability so you can adjust your inventory management needs as your business grows. Because you can manage your inventory levels from anywhere, you’ll experience fewer issues and greater efficiency. So, how can you streamline these operations?Ĭloud-based Walmart inventory management software allows you to control and access your inventory system from a browser or app. While this method makes inventory processes easier for Walmart, the suppliers and vendors like you are tasked with tracking the inventory of your product on Walmart’s shelves. Vendors can access Walmart’s data on inventory levels and rates at which products are selling to determine when to send more products to restock their Walmart inventories. Walmart’s inventory model is unique because it requires vendors to track the inventory levels of their products being sold through Walmart.
#Walmart inventory how to
How to Streamline Your Walmart Inventory Operations Talk with our team about Finale's capabilities: (888) 925-0259 Chat Schedule a CallĪllow Finale Inventory to easily track your inventory stock levels so you can focus on the other aspects of your business.
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