Faire Inventory Management
Faire Inventory Management Software For Your Growing Business
Allow Finale Inventory to easily track of inventory stock levels so you can focus on the other aspects of your business
San Francisco-based Faire is a growing online wholesale marketplace that simplifies the process local retailers go through to find and order new merchandise. By aggregating merchandise from a number of wholesalers and distributors, the company can offer unique items retailers might not have had access to. Today, thousands of active suppliers retailers are actively offering their unique products on the platform.
Finale’s Faire inventory management integration makes it easy for supplier retailers to manage their inventory. Finale will aggregates sales from all selling channels to quickly provide supplier retailers a centralized view of accurate inventory stock counts.
Any quantity changes resulting from a stock operation (e.g. positive adjustments from a PO shipment or a negative adjustment to a sales shipment) will be updated to Faire and other selling channels within five minutes to prevent overselling.
Benefits Using Finale’s Faire Inventory Management solution
There are many benefits to using Finale Inventory as your inventory management solution.
Auto Update your Faire listings. Finale will manage customer orders from Faire and other channels. Finale will keep track of all stock levels and will auto-update stock levels back to stock quantities to all your online selling channels every 5 minutes. Click here to see a tutorial video.
Instead of manually updating stock levels one product at a time, you can leverage Finale to quickly up bulk update stock levels.
Restock Forecasting. Finale Inventory’s sophisticated forecasting tools will look at your current inventory and historical sales data to give you an accurate estimate of when you should re-order from your supplier. Leveraging the sales velocity of a product, Finale will automatically calculate dynamic reorder points based on your inputs – supplier lead time, desired safety stock, and expected sales growth — to make smarter, faster-purchasing decisions.
Alias SKUs support. When you are selling products in different marketplaces (e.g. Walmart and eBay), you may be forced to have different SKUs for the same product. Finale Inventory quickly allows you to associate multiple alias SKUs to a single master Finale product id.
High Transaction Volumes Support. Have peace of mind knowing that the architecture will easily support your growing business. Finale Inventory can currently support up 2 million products and up to 1M transactions per month. High transaction customers should consider leveraging our integrated turnkey mobile barcode solution to decrease warehouse operations times from receiving and picking while improving accuracy.
Multiple Shipping Location Support. The Shopify inventory management solution easily manages your inventory across multiple shipping warehouses from Finale.
Product Kitting. Present more selling options to your prospective customers by setting up kits or bundles from your existing products. The ability to bundle items that naturally go together is one of the most popular features of Faire and other online retailers — for both sellers and shoppers. However, it does complicate e-commerce warehouse management. Finale Inventory is designed to handle kitting and bundling, and it includes the capability to record and track both complete kits or individual items.