For eCommerce retailers and wholesalers alike, smart inventory management is a key factor in reducing storage costs, keeping track of stock, customers, orders, and ultimately maximizing profit. Inventory management is one of the most important processes of every business because this process involves into managing the products being manufactured, sold, returned, everything that is needed to keep records of the whole process of making, buying goods, selling products, how many are defective, how many are returned from the customers.
When it comes to Inventory Management, you cannot do it manually. Thus, you need software for it that makes the management of inventory simple and well managed. This is important to do inventories correctly without any mistakes because one single mistake may cost you so much.
As we are talking about Inventory Management, TradeGecko is one of the market leaders in this industry for offering the best software for managing the inventory for e-commerce, small business, and almost all type of businesses that need such management. Moreover, it is best suited to modern e-commerce merchants.
TradeGecko provides a streamlined inventory and order management system, empowering businesses to manage their operations from anywhere, at any time. This saves you a lot of time so that you can focus more on your business and customers.
TradeGecko’s beginnings
Back in 2012, Two brothers Cameron and Bradley Priest, along with Carl Thompson, saw the need for major improvements in the state of inventory management after Carl had experienced first-hand the pitfalls of running a business online. Soon after, the entrepreneurs moved to Singapore and joined JFDI – a reputable technology accelerator – where the first iteration of TradeGecko was formed.
Simplifying inventory management
Until recently, business owners relied on complex spreadsheets to keep track of their stock – inefficient and error-prone processes. Business owners today understand that in order for a business to grow and scale, their inventory management software needs to be capable of handling multiple sales channels, warehouses, and stakeholders.
TradeGecko enables eCommerce retailers and wholesalers to save time and work smarter using enterprise-level tools. The system combines inventory management operations, essential business applications, and online commerce – freeing up business owners to focus on growing their business.
What types of businesses can benefit from TradeGecko?
TradeGecko’s software is designed to help primarily online businesses manage their inventory and business operations seamlessly. For retailers, eCommerce integrations with platforms such as Shopify, WooCommerce, and Magento make it easy to manage all business functions in the one place.
TradeGecko’s B2B eCommerce platform capabilities also allow wholesalers to create a private online store for wholesale customers where they can make purchases 24/7. The storefront can be customized to match business branding, and products can be published easily at any time or pulled from a B2C eCommerce platform.
For business owners that need to manage their inventory or sell on the go, TradeGecko Mobile app which is available for iOS allows users to manage products, customers, and orders from anywhere. The TradeGecko’s Mobile app also works as a customer relationship management (CRM) system with direct customer contact capabilities.
Navigating the ever-changing state of eCommerce can be a daunting task for even the savviest of entrepreneurs, and that’s why the TradeGecko Sales and Success team is also on hand to help customers get up and running on the platform quickly, and offer ongoing support.
Developments for TradeGecko and SMEs
TradeGecko’s latest addition is TradeGecko Payments, which enables wholesale SMEs to bill customers with a single click within the TradeGecko platform. Business owners benefit from full control of their cash flow in a single dashboard outlining account balance, payments, and payouts history, as well as a “Pay Invoice” function for faster payment processing. TradeGecko’s Payment system is currently available in the US, UK, Singapore, and Australia, Canada and New Zealand; it will soon be launched to more countries, along with more advanced functionality.
What’s in store for TradeGecko in the future? Their focus remains on the customer: introducing more merchants to the platform, and supporting clients in their entrepreneurial journey by helping them grow their businesses online.
Final Verdict
For online businesses, especially e-commerce, Inventory management software is very important. They cannot simply avoid it because keeping the records of orders, sell & purchase, etc. cannot be done manually because a number of orders and transactions are too much. Intelligent software can do it professionally without any mistakes. That’s where TradeGecko helps you as it is one of the best inventory management software which is specially designed for online merchants. Earlier these records were maintained in spreadsheets which were great, but this software is more intelligent and can do things smartly so that you can focus more on growing your business and not on inventory; TradeGecko takes the responsibility here.
Want to try TradeGecko for your business? You can sign up for a free 14-day trial of TradeGecko’s inventory management system.
Tradegecko is really a great inventory management software, I was using TapHunter before which is also good, but I feel more comfortable using tradegecko now.
Tradegecko is doing a great Job by providing Inventory Management Software by which more and more inventory will be managed which will consume less time and according to me for Entrepreneurs doing online business, it is a great software to manage order records maintain inventory records etc.