(Summary description)The cost of cross-border e-commerce inventory has always been a matter of high customer concern. Many sellers are classified into best-selling, slow-selling, and ordinary based on sales. When your product attributes are unclear, it will easily lead to low capital utilization, which is originally worthwhile Products with a large amount of investment and high high-frequency returns have not been paid attention to, but products with a low return on capital and profit have been paid attention to! As a result, it is prone to overstocking or understocking, either overstocking or facing out of stock, and inventory is wasted. Therefore, in terms of cost control, you must have a deep understanding of cross-border trade knowledge to use your money on the edge. Today, I will share with you the key points of cross-border inventory cost optimization control.

 

    一、Let the funds be used on the blade

 

    When funds are spent on the cutting edge, inventory turnover speeds up, and inventory costs can be controlled! To reduce inventory costs, scientific and reasonable prediction, monitoring, and optimization must be used to control the financial benefits of the entire inventory.

 

    1、Product classification

 

    Cross-border sellers must have a focus on product investment and can classify products. For example, category A is a product with low sales frequency but high profit return; category B is a product with high sales frequency but low profit return...according to product performance , Categorized into different levels, make product investment or abandon more directional!

    2、Change replenishment thinking

 

    Cross-border seller replenishment can't just look at sales, but also depends on the proportion of profit return and the return period. For example, the unit price of some products is high, although the sales volume is not large, but the profit turnover is fast and high; and although the sales volume of some products is good, the return of profits is slow and low! Therefore, sellers can increase their capital investment in the first category of products, and appropriately invest in the second category, which can speed up capital turnover while ensuring sales!

 

    3、Optimize monitoring data

 

    Cross-border sellers must have a clear grasp of product inventory, sales volume, overall capital distribution, and proportion of returns. For example, if a product invests 1 million, how many days will it take to recoup the cost and how much profit can be made! These data will provide decision-making basis for stocking days, stocking costs, capital return, etc., and reduce the risk of slow sales or shortages in advance!

    2. Capital efficiency inventory management function

 

   Yicang ERP's capital efficiency inventory management function helps customers monitor product input through data indicators to screen product levels, and focuses on products with high profitability and fast capital return, helping cross-border sales to make capital use on the edge.

 

    1、Product benefit level package-make the product more focused

 

    Cross-border sellers can set rules in each level. For example, if a certain category reaches a daily saleable inventory investment return greater than or equal to 50% (that is, a profit margin greater than or equal to 50%), the daily available inventory returns The number of days is 0-15 days (that is, 0-15 days to earn back the cost), that means it is at the strongest king level, and it is worth amplifying the capital investment!

 

    2. Capital efficiency inventory details-make data monitoring more detailed

 

    Compare the expected level of the product with the corresponding actual level comprehensively obtained from the inventory, sales, gross profit, and cost data in different warehouses to obtain the financial benefit effect of the inventory, so as to grasp the actual return result of the product, and carry out according to the actual level. Stock up to avoid over-stocking and slow sales.

 

    3、Capital efficiency inventory panel-making optimization decisions more intuitive

 

    This section is more convenient for the boss or management to see. From this page, you can intuitively see which products are at which stage, grasp the overall fund distribution of current product inventory and the proportion of returns, and no longer have to look for which products one by one. It is worth the investment, which products need to be eliminated, grasp the product situation at a glance, and achieve greater utilization of funds!

 

• Categories:Industry Information
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• Time of issue:2021-08-06 15:05
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