With the release of Magento 2.3, the multi-store holders got the possibility to manage their inventory in a simplified manner. Multi-store inventory has surely created a single combat game in the eCommerce field as it has led to improvised performance for various store operations. Shops with single inventory were making the most use of Magento platform till date but again shops having multiple inventory faced restriction in the earlier versions. Magento 2.3 Multi-Source Inventory tool is now made available for the Magento users to maintain their inventory across various physical locations keeping the track of those inventory with absolute ease.
With the help of this tool you can now tackle the disadvantage of default Magento as it allows you to go beyond the boundaries of single inventory control. Even the single store inventory holders with the help of MSI can expand their business by establishing multiple warehouse and assigning products to suppliers. Have a look at some outstanding features of Magento 2.3 Multi-Store Inventory:
Warehouse Expansion and Management:
Having switched to the multi-store inventory tool will add the flexibility of assigning as many as warehouses to the store. Further, it also allows the store to connect all the warehouses helping you view the customer groups approaching to store and allocate out-of-stock products.
Easy Order Management:
Multi warehouses naturally need a simplified system wherein the products and the order details are managed accurately. With the order splitting feature of Magento 2.3 Multi-Source Inventory orders from multiple warehouses can be easily divided into different shipments. Moreover, the cost of delivery and additional charges would be calculated separately of each warehouse.
Real-time stock control:
Now, you can help your customers with an easy update of product stock for a particular warehouse with its quantity and shelf location. Also, the configuration of the back orders setting for each warehouse will be enabled to sell out-of-stock products. You can also let your clients avail the advantage of enabling low stock reports wherein they can get a detailed report about each warehouse specifying the out-of-stock products. Further your customers can also avail the feature of availing easy import/export stock data in CSV or. XML file.
Help your customers to avail the advantage of shipping items from a warehouse having available product quantity to accomplish the order. So, your clients can easily manage their end customers’ multiple shipments for low-in-stock items.
You can now benefit your clients with smart algorithm development for warehouse selection in the following ways:
- Make a Warehouse Priority
- Select warehouse location
- Store view
- Group assignment for customers
Shipping methods and rate:
Magento 2.3 Multi-store Inventory will allow you to allow your customers to customize the shipping rates of the individual warehouses by calculating the cost based on the location.
With the above information, you might now have an idea about the usability and advantages of Magento 2.3 Multi-store Inventory. So, don’t wait and go ahead to delight your customers by helping them install plenty of multi-store functionalities for their warehouses.
If you are occupied with major projects, don’t worry we have got your back. You can think of partnering with us as we have gained a remarkable grip over Magento 2.3 platform. So, we can help you in the configuration of Multi-store inventory for your clients successfully. Let us accompany you in optimizing your clients’ store operations eventually resulting in your business growth.