You’ve been out and about on the Amazon Fulfillment Program. You already know that it’s better to use FBA than fulfilling orders yourself. You know its advantages, but you’re also responsibly looking out for disadvantages.
There are definitely problems you will run into like increased order volume or depletion of inventory that can be solved or at least anticipated by the best automated tools.
What are the best tools out there from automation technology for FBA sellers? There are many tools relying on digitalization out there and they’re not all equal. For you, we’ve come up with the 6 most amazing tools to manage your inventory and grow your business.
SIX TOOLS TO AUTOMATE INVENTORY MANAGEMENT
CamelCamelCamel is a price-tracking tool for products on Amazon. And it’s free! It comes as an app or as a Firefox or Google extension.
It gives you price history charts not only for yourself but also for your competitors. You can compare prices in order to find the most competitive price for a similar product. CamelCamelCamel shows you price graphs of the sales rank history.
You can track prices in real time. Just set up email price alerts for any product on Amazon. You can even set up an RSS feed for any product you’re tracking.
With the RSS feed, you can also set up keywords like “most popular products” or “most recent price drops.”
In more ways than one, you can make CamelCamelCamel work for you!
Sellics is another tool you shouldn’t miss out on. This is a paid tool, but it’s a powerful help for all-around management of your FBA brand. There’s a different edition for both Sellers (those on Seller Central) and Vendors (those on Vendor Central).
Vendors have the advantages of:
Buy Box monitoring
Content and SEO
Sellers have all-around tools such as:
Optimization of PPC Campaigns
Improved Rankings with Amazon Ranking Optimizer
There are added tools like recent sales velocity, where you can receive alerts for low inventory to make sure you never run out.
And it can also help your customer service quality by getting notified when you receive a new review, sorting out reviews, and setting a response time.
Price packages for Sellics vary depending on the amount of Amazon sales, which is perfect for either a small business or a big firm.
For Amazon Sellers and Vendors, Sellics is an all-around management tool proven to boost your business.
3. Restock Pro
In terms of all things inventory management, Restock Pro is the place to go for FBA sellers. You can streamline your operations using the Restock cloud-based inventory tool.
There are many things you can do on Restock Pro:
Manage FBA purchase orders.
Make reordering decisions based on up-to-date inventory data.
Manage profitability reports including tracking profit margins, tracking costs.
Monitor supplier performance.
Monitor your competition.
But on the most simple level, you can order however much you want, when you want, and send it wherever you want with Restock Pro.
As a useful tool for managing inventory, you can use Restock Pro to track margin on every SKU, run reports to track profitability and keep track of all around costs. Your purchase orders will remain organized.
You can manage also manage the performance of your supplier, as well as monitor the competition.
You can use Restock Pro for your shipping needs by simply selecting items you need to ship, print sticker labels, upload your content from Amazon, download shipping labels, and then track its arrival. This is helpful if you’re looking to simplify your shipping process.
Since your FBA data is up on the site, how Restock Pro works is it flags your most urgent orders in red and upcoming alerts in yellow:
For each flagged item, you’ll be able to see the suggested ship quantity and recommended reorder amount. You’ll also see sales history, margins, rank, and other data.
Restock Pro has different prices depending on the size of your business:
Restocking should accelerate your Amazon business by making inventory management a breeze.
You’re on top of your game. You’ve garnered profits, your inventory is well-maintained and you’re gaining traction as a brand. But what happens if you’re out of stock? No good things, so you should be prepared with replenishment forecasting through Forecastly.
It’s tough being low on inventory, so make sure to prevent stockout. Forecastly will focus on Supply Chain Efficiency and Prevention of Stockouts.
This tool is best used to replenish FBA inventory. It tells you when to buy more inventory, how much to invest, and where the shipments are. It keeps you always well-stocked and on top of inventory.
Demand forecasting is easy with Forecastly’s fast predictive software. It makes accurate demand forecasts within seconds. It alerts you to reorder to prevent future stock-outs.
You can even find data about the Buy Box, sales rankings, and current orders on Forecastly. All in all, this tool makes it easy to track your inventory, inbound shipments, and purchase orders.
Forecastly has different pricing built on different sizes of businesses, and you can be billed monthly, or annually (at a discounted price):
Predictive analytics and forecasting through Forecastly can help you gauge what’s in store (literally!).
5. Trade Gecko
Trade Gecko is one of the business cloud-platform tools out there because it has seamlessly integrated all inventory tools in one with an easy-to-use interface for both mobile and desktop.
Its online inventory management keeps track of your products as they’re supplied and manufactured by multiple warehouse channels and then sold by you. Its order management, on the other hand, syncs orders from multiple sales channels. All in one cloud.
Not only does it keep track of your purchase history, but you’re also given access to insights such as custom inventory reports and sales reports. Demand forecasting lets you know how many products you’re likely to sell, and when the right time to restock is. Other intel such as inventory, business reports, and forecasts are given with real-time data and smart analytics.
It helps you sell across all channels, online and offline. This helps bridge the gaps by seamlessly transforming all your data on the site. You can use local currencies in multiple locations, managing invoices, shipments, and payments as you go.
You can create purchase orders, backorders, stock and adjustments, and easily track sizes, batches, and expiry dates across multiple warehouses.
Trade Gecko pricing starts with Lite at $79, Small Business $199, Business $599, Premium $799, and Track Gecko Pro, price upon request. Pricing is set per month and is billed annually.
This highly digital tool, that seamlessly integrates all inventory management needs, is one of the best tools for e-commerce brands.
Another cloud-based inventory management tool to look out for is Sellbrite. This tool allows sellers to list a catalog of their products on various channels. It’s integrated with Amazon as well.
With Sellbrite, you can manage listings, control inventory, and fulfill orders. You can automatically sync inventory when items are ordered to prevent overselling and keep track of inventory from one channel to another.
You can customize reporting on available stock and inventory, including tracking and monitoring. Data is automatically updated and synchronized across all levels.
Sellbrite supports the growth of multi-channel eCommerce, by allowing you to seamlessly update many channels at once.
You can simply select the products you want to list, choose the channel, and create listings for in real-time. You can set various prices on each channel. What’s more, you can provide titles, descriptions and any other product data for each individual channel.
Sellbrite lets you automatically adjust your inventory every time a sale is made. Sellbrite offers multi-warehouse support and inventory transaction history. You FBA management can be made easier by syncing your FBA quantities and your own quantities across multiple channels.
You can send non-Amazon products to Amazon FBA through Sellbrite. Once Amazon ships the order, Sellbrite alerts the sales channel where the order was placed and gives the tracking number for the shipment. What’s more, Sellbrite can automatically route orders whether from your own warehouses or FBA fulfillment center, and orders from any channel can be sent to FBA.
Prices for Sellbrite vary, depending on the scale of your business. You can choose monthly billing, or annual billing (at a discounted price):
This is a great tool if you’re tracking large volumes of products across various platforms, which, if you’re a successful Amazon brand, you probably are.
THE LAST WORD
If you’re an Amazon seller, you probably know how tough it is to keep manage inventory, let alone forecast prices and stock. So we’ve come up with these 7 tools that can help you.
For prices, use CamelCamelCamel. For inventory data and management, there’s Sellbrite and Trade Gecko. For restocking, Restock Pro. And for predictive management to prevent stock-outs, of course, use Forecastly. All amazing automation tools for the Amazon seller.
Think of them as automated hands, helping you all-around. You’ll be a better FBA seller by working smart with digitized tools.
As an FBA seller, are you making the most of automated tools? If you need a little push in the right direction, MarketplaceOps is here for you. We are a team of online marketplaces and e-Commerce experts who have been in the industry for many years. We’re willing to help you every step of the way. If you have more questions about our article or if you simply need help in starting or handling your Amazon business, just reach out to us by sending an email or clicking the link here: