Magento Inventory Management
Magento 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
Finale has the ability to manage your inventory from your Magento orders in two common configurations. The first configuration allows for a direct connection between your Magento store(s) and Finale. Magento orders are automatically synced to Finale where it will make the proper stock adjustments.
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 your Magento listings within five minutes to prevent overselling.
If you are leveraging ShipStation for your fulfillment needs, Finale Inventory’s ShipStation integration makes both inventory management and shipping easier than ever.
A common pattern for e-commerce companies using ShipStation is to accept orders from several marketplaces like eBay, Amazon, or a company’s own website powered by Magento, and to manage the warehouse shipment process of those orders using ShipStation, marking the orders as shipped when done. Nowhere in this process, however, is a record kept of how many items a company has on hand at any given time.
If your company has this shipping process, you can add Finale Inventory to keep track of your stock on hand without changing anything about your existing backend process. Using ShipStation’s API, Finale communicates with ShipStation behind the scenes to manage your inventory as orders are being shipped in ShipStation and will subsequently auto update stock levels on your Magneto store.
Benefits Using Finale’s Magento Inventory Management Solution
Finale supports versions 1.9, 2.x, and 3.x of the popular open source shopping cart platform.
There are many benefits to using Finale Inventory as your Magento Inventory Management solution.
Auto Update your Magento store. Finale will manage customer orders from Magento store and other channels. Finale will keep track of all stock levels and will auto-update stock levels back to stock quantities to Magento store and across your other online channels. Click here to see a tutorial video.
Simple Integration. Integration with Finale Inventory literally takes seconds to set-up. All is needed is your ShipStation login credentials. There are NO changes required to your current ShipStation configuration to immediately start syncing orders to Finale Inventory and effectively managing your inventory.
Support allowing multiple SKUs for a unique Product ID. When you are selling products in different marketplaces (e.g. Amazon and eBay), you may be forced to have different SKUs for the same product. Many customers manage this unnecessary complexity with Excel worksheets. Finale Inventory handles this with a couple of mouse clicks and properly keeps tracks on your inventory.
Support High Transaction Volumes. Conduct a large number of transactions? No problem. Finale Inventory can support up to 50K transactions per month, and we are currently scaling our architecture to support even higher volumes. High transaction customers should be considering leveraging our integrated turnkey mobile barcode solution to decrease warehouse operations times from receiving and picking while improving accuracy.
Multiple Shipping Location Support. Easily manage your inventory across multiple shipping warehouses from Finale Inventory.
Product Kitting. With the Magento inventory management solution will allow more selling options to your prospective customers by setting up kits or bundles from your existing products.
Avoid Stock Outs. Keep your business humming along by creating product count thresholds to know what needs to be reordered to avoid costly stock-outs.
Restock Forecasting. Running a growing business is hard. There’s a lot you have to keep up with. 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.
Restock forecasting from Finale gives you one less thing to worry about. When your inventory gets low, we’ll send you an alert letting you know it’s time to send out a purchase order. You can email the purchase order directly from Finale, and when you receive your shipment with Finale, Finale will update all your channels with the will be updated stock quantities.
Status Change Automation. When products are back ordered, orders containing those products are typically marked as “On Hold” in ShipStation. When those products are received in your warehouse and recorded in Finale, Finale is able to push a status change and quickly change the orders from “On Hold” to “Waiting” in ShipStation with a single mouse click.
Multiple Marketplace Support. Finale’s Magento inventory management solution will effectively manage your inventory from multiple marketplaces (e.g. Etsy, eBay, Amazon, and Magento) via ShipStation. We support every marketplace ShipStation supports. When ShipStation adds a new marketplace, we will automatically support it.