Helium 10 Inventory Management

Helium 10’s Inventory Management tool is a powerful solution designed to help Amazon sellers manage their inventory more efficiently. With this tool, you can track your inventory levels, monitor product performance, and forecast demand to ensure you always have the right amount of stock on hand.

The Inventory Management tool allows you to set custom alerts for low inventory levels, out-of-stock items, and other important events, so you can take action quickly and avoid stockouts. You can also set reorder points and reorder quantities to ensure you never run out of stock, and easily create purchase orders to restock your inventory.

In addition to these features, Helium 10’s Inventory Management tool also provides detailed insights into your product’s performance. You can analyze sales trends, identify top-selling products, and view profitability reports to make data-driven decisions about your inventory management strategy.

With the Inventory Management tool, you can save time and streamline your inventory management process, allowing you to focus on growing your Amazon business. It’s an essential tool for any Amazon seller looking to optimize their inventory and improve their sales performance.

Why is it important?

Inventory management is an essential aspect of any business. It ensures that you have enough stock to meet customer demand while preventing overstocking or stockouts.  However, managing inventory can be a daunting task, especially for e-commerce businesses with multiple sales channels.

This is where Helium 10 Inventory Management comes in. Helium 10 is an all-in-one inventory management tool designed to help sellers streamline their inventory management processes, reduce costs, and increase efficiency.

Using this tool, you can configure almost every important aspect on your inventory management daily tasks: suppliers, suppliers’ reorder time, suppliers’ lead time, local warehouses and their lead time, suppliers’ purchase orders and inbound FBA shipments

Benefits of Helium 10 Inventory Management

Centralized Inventory Management

Helium 10 Inventory Management allows you to manage your inventory from a single platform, regardless of the sales channel. You can easily view your stock levels, track sales, and receive alerts for low inventory levels.

Automated Reordering

The tool can automatically reorder products when inventory levels fall below a certain threshold. This helps to prevent stockouts and ensures that you never miss a sale.

Smart Forecasting

Helium 10 Inventory Management uses historical sales data to predict future demand, enabling you to make informed decisions about inventory management.

For every SKU, the tool will analyze:

• Days of supply on FBA exhausting all current, inbound, on order an local inventory, according to the current forecast
• Sales velocity
• Reorder status
• Reorder date: last day to order inventory to stay in stock given your assumed lead time
• Reorder units: number of units to reorder given the lead time and reorder frequency
• Reorder cost
• Transfer status
• Transfer date: last day to transfer inventory to stay in stock
• Transfer units
• Sellable inventory: units classified as available, FC transfer and FC processing at Amazon fulfillment centers
• Inbound inventory: units from inbound shipments that have units outstanding, including shipments in working status
• On order units: units from open Purchase Orders
• Local inventory
• Updated inventory: date of last forecast

So, with all this available data, the inventory forecasting tool will give you important metrics on your stocks:

• Urgent restocks or SKUs that need to be ordered in the next 7 days to prevent out of stock
• Urgent restocks cost
• Upcoming restocks or SKUs that need to be ordered in the next 8-14 days to prevent out of stock
• Upcoming costs
• Open purchase orders
• Open Purchase Orders cost

Multichannel Selling

The tool integrates with multiple sales channels, including Amazon, eBay, Walmart, and Shopify. This makes it easy to manage your inventory across different platforms.

Barcode Scanning

With Helium 10 Inventory Management, you can easily scan barcodes to update your inventory levels. This saves time and reduces the likelihood of errors.

Cost Management

The tool helps you to optimize your inventory costs by providing insights into your inventory carrying costs, sales velocity, and margins.

Works for 14 Marketplaces

It used to work just for the US, but it’s now working for: Australia, Brazil, Canada, France, Germany, India, Italy, Japan, Mexico, Netherlands, Spain, United Arab Emirates, United Kingdom, United States (both for Amazon and Walmart).

Integrations

Helium 10 Inventory Management is designed to integrate with multiple sales channels, including some of the most popular e-commerce platforms. These include Amazon, eBay, Walmart, and Shopify.

By integrating with these sales channels, Helium 10 Inventory Management provides sellers with a centralized platform to manage their inventory, regardless of where it is being sold. This makes it easier for sellers to keep track of their inventory levels, receive alerts for low stock, and reorder products as needed. In addition to these sales channels, Helium 10 Inventory Management also integrates with other popular e-commerce tools such as QuickBooks, ShipStation, and more.

This allows sellers to streamline their business operations and increase efficiency, ultimately leading to increased profits.