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Business inventory is one of the most valuable assets for it estimates future demands. Conversely, a shortage of stock in times of need can be highly detrimental to your business. A robust inventory management system gives businesses the flexibility in updating, deleting, or appending content in the catalog resulting in engaging content throughout the customer's digital journey across all channels.
Virtusa’s expertise around the Inventory Management Services assists our clients in efficiently analyzing and managing optimal inventory that can help save cost. our services are broadly classified as:
- Inventory categorization and tracking –we provide automation solutions that oversee a complex chain of operations such as storage, replenishment, classification, warehousing, turnover, and tracking.
- Reconciliation forecasting – we help analyze past data, trends, and forecast Stock Keeping Units (SKUs) to predict future sales.
- Analytics – we gather structured and unstructured data from the various systems in the organization, information from the market, and social media, among others, to overcome the challenges of structuring, managing, analyzing, and delivering objective-based business insights.
- Seller onboarding – we support businesses coordinate all seller onboarding processes, track, measure, evaluate, report disputes, performance, and troubleshoot issues.
- Product support – we can equip your business with excellent products and technical skills for the best customer service experience.
- Quality feedback – we provide expertise in areas of quality assurance and services.
- Assurance cycle compliance and audit – we assist in regulatory or compliance-based audit and assurance to ensure companies follow guidelines, rules and policies, and financial standards.
- Monitoring - Cloud-based real-time monitoring provides effective inventory management.