It isn't easy for any company to monitor inventory by different options. This is especially true for e-commerce shops that sell many items. There are tools that can help facilitate this process like BigCommerce. This article will explore the methods of tracking inventory using the options available in BigCommerce and how this could benefit your company.

What is inventory tracking by choices?

One of the major benefits of tracking inventory by choices on BigCommerce is that it lets you predict future demand with accuracy. This is particularly important for businesses that offer many products, as it can be difficult to predict which items will be the most popular. It is possible to track inventory using options to better understand what products are most in demand and which aren't. This will help you make educated choices about which products to restock or discontinue.

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Trends and predictions

Another advantage of keeping track of inventory through options in BigCommerce is that it will aid in identifying patterns and trends. You can alter the amount of inventory you have in stock if you find that certain colors or sizes of products are consistently selling out. This can help you stay out of stock of popular items, leading to lost sales and unhappy customers.

Personalization is key

One of the key features of BigCommerce that allows you to monitor inventory through options is the ability to design custom options for products. This allows you to set different options for each product like size and color. It is then possible to keep track of the inventory levels for each option separately, which makes it easier to see which ones are in high demand and which are not.

Out-of-stock elimination

Another great characteristic of BigCommerce is the capability to set alerts for low inventory. This allows you to be notified when inventory levels for a certain product or service fall below a certain threshold. This is a fantastic method of keeping the track of your inventory and ensure that you're never out of supplies of a product that is popular.

One of the problems with keeping track of inventory using choices is that it can be tedious and time-consuming. There are numerous tools that can help automate this process. For instance, you could utilize a product export/import tool to rapidly adjust your stock levels in bulk. This could save you a lot of time and effort, particularly if you have a large number of products or options.

In conclusion

BigCommerce's inventory tracking features are a great tool to help you manage your company. It will save you time and cost by accurately forecasting future demand and identifying trends and patterns, as well as automating updates to inventory. This allows you to provide a better customer experience.

Source: https://gritglobal.io/backorder/