Bangalore: Unicommerce, an e-commerce enablement SaaS platform has launched its advanced inventory management solution. The new solution offers real-time inventory synchronisation to help brands fulfil 100% of the orders received and to further speed up the processing of orders.
Unicommerce’s advanced inventory management solution enables the re-routing of unfulfillable orders by automatically re-allocating the orders to the next warehouse or store on the basis of the real-time availability of inventory across multiple stores and warehouses, with an aim to improve the overall order fulfilment rate.
It also offers the option to pre-compute the availability of bundled stocks per facility to boost the fulfilment rate of bundled orders. The enhanced version will also allow brands to improve product procurement and enable them to place orders well in advance and optimise inventory currently available across multiple facilities. The new solution also allows the sellers to set a minimum threshold for each SKU below which procurement and reallocation processes kick in automatically.
Unicommerce continues to enhance its order management system with new features to further simplify the process of e-invoicing, manage cancellations and re-allocation orders. With clear visibility and real-time tracking of inventory, brands will be able to improve their stock decisions leading to better operational efficiency across warehouses and stores, the benefit of which will eventually be passed on to the end consumer.
The addition of AI-based capabilities will help brands to pre-decide on the critical level of inventory and automatically redirect SKUs based on real-time inventory sync sending notifications to sellers to route orders for such SKUs.
“Our aim is to develop and deploy best-in-class technology solutions that remove the operational complexity for fast-growing e-commerce businesses. Our new advanced inventory management solution will allow brands to optimise their inventory utilisation to fulfil each serviceable order and will also seamlessly augment the experience for buyers,” said Kapil Makhija, CEO of Unicommerce.
Unicommerce has been enabling e-commerce companies, D2C brands, omnichannel retailers and other online sellers With a nationwide presence across more than 8000 warehouses and 3000 stores, Unicommerce currently powers over 20000 businesses across 45 plus industry segments and has achieved an annual run rate of processing over 600 million transactions amounting to $7 billion-plus annual GMV.