Jeremy Greenberg, Founder and CEO
Since its inception to this very day, a warehouse management system (WMS) has been known to track only physical inventory quantities and has little or nothing to do with the actual sale of the products. However, this approach has given rise to quite a few challenges. One major pain point is that the physical inventory the organizations have may not necessarily be the quantities that they want to sell online. Likewise they may want to sell inventory that is not necessarily in stock today, but they know they can readily get. Another major problem that companies face in warehouse management is that retailers will have to stop all activities in the warehouse for at least a day to count their inventory. In an e-commerce business, this compulsory halt leads to significant losses in business. The fact is that they need to be always open for business, because they are part of an online marketplace. Thus, a real-time system is warranted that can reserve the inventory and keep track of sellable stock. The system should also be able to count the inventory without halting the WMS— SKUstack by SellerCloud is that system.
The New Jersey-based warehouse management solutions specialist SellerCloud has developed WMS systems for almost ten years now. The company, with its patented methodology, can track inventory across FBA and 3PL warehouses and their customers’ various warehouses. SKUstack can calculate the amount of stock in each warehouse and track the inventory reserved for other transactions that haven't yet shipped. Anytime there is an activity in the warehouse, the solution can reconcile the total stock available for sale and the amount present in the warehouse. The solution is android-based and hence mobile, and can be used by the user to manage their inventory from any part of the world. SKUstack thus presents itself as a disruptive innovation in the world of Warehouse Management Systems and has the capability to revolutionize modern WMS entirely.
Since the WMS can track both the total available inventory and products physically on-the-shelf, an organization can ship products out of the warehouse and still audit its inventory.
This is made possible because the system tracks all the different statuses of the catalog and updates its accuracy without causing any disruption. Thus, the system gives an organization the ability to move in the retail's fast-paced environment. “It is a seamless system that shortens the time taken between the arrival of a product to when it may be sold," says Jeremy Greenberg, Founder, and CEO of SellerCloud.
For companies facing logistical challenges of automating and systematizing some of their activities, SellerCloud creates an easy-to-use structure to ease their transition. This approach frees up a lot of their time and allows them to focus on expanding their product line and other expansions.
When the organization first implemented its solution, their e-commerce clients needed a system that can verify that the items that were shipped out reconciled against the shipped products that were displayed in the system. Thereby, the clients could not only prevent theft but also keep better track of their inventory. With SellerCloud's new system, customers can both track their stock and market their products, without having to shut down their processes, even for one single day.
It is a seamless system that shortens the time taken between the arrival of a product to when it may be sold," says Jeremy Greenberg, Founder, and CEO of SellerCloud.
Sometimes, a user may have to work with different systems while working with channels like BigCommerce or Amazon in the process of shipping their orders away. At such times, without any central repository to trust, warehouse management can get a bit difficult with a substantial decrease in tracking accuracy. SKUstack presents a unified system that aggregates all orders and therefore, can account for all available inventories. Owing to this attribute, the company has over 50 channel integrations with platforms like QuickBooks, BigCommerce, Amazon, eBay, etc.
Over the next few months, SellerCloud is looking to advance SKUstack and add additional features to it. Some of those features would make the processes of warehouse management more automated and systematic. The enterprise is also looking to expand its list of integrated channels and add features based on its client's feedback. As Jeremy says, “Our user-base's suggestions and feedback are one of the driving forces of our expansion for the future.” Consequently, the company will keep trying to look at different angles to advance its warehouse management platform.