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The Hidden Costs Of Poor Inventory Management And How To Fix It — Chris Hondl | The Complexity Of Multi-platform Inventory, Why Overstocking Hurts Your Business, How Accurate Records Help Your Finances, Why Non-moving Inventory Limits Your Growth (#382)

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Manage episode 472250738 series 2921256
Content provided by Claus Lauter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Claus Lauter or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/
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In this episode, we dive into the hidden costs of poor inventory management and discover practical solutions for e-commerce businesses.

Our featured guest on the show is Chris Hondl Co-Founder and CTO of Finale Inventory. Chris shares insights on common inventory pitfalls like understocking and overstocking, strategies for managing complex multi-channel operations, and how proper inventory systems can unlock business growth by improving cash flow and customer satisfaction.

Topics discussed in this episode:

  • How can overstocking drain your cash flow.
  • Why is forecasting crucial for seasonal demand.
  • How does real-time tracking prevent stockouts.
  • What you should look for in an inventory system.
  • How does inventory management impact customer loyalty.

Links & Resources

Website: https://www.finaleinventory.com/
LinkedIn: https://www.linkedin.com/company/finale-inventory/
Facebook: https://www.facebook.com/finaleinventory/
X/Twitter: https://x.com/finaleinventory

Get access to more free resources by visiting the show notes at
https://tinyurl.com/3mmsp369

MORE RESOURCES

Subscribe to our FREE Newsletter: https://newsletter.ecommercecoffeebreak.com/
Free Store Optimization Beginners Guide: Instant PDF Download! 👉 https://ecommercecoffeebreak.com/essential-conversion-optimization-guide/
Rate & Review: Help others discover the show by rating the show on Apple Podcasts at https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422

Advertise on ECB - https://ecommercecoffeebreak.com/podcast-sponsorship/
Follow the podcast to catch all the bonus episodes I am adding. Hit that follow button now!

  continue reading

449 episodes

Artwork
iconShare
 
Manage episode 472250738 series 2921256
Content provided by Claus Lauter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Claus Lauter or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/
---

In this episode, we dive into the hidden costs of poor inventory management and discover practical solutions for e-commerce businesses.

Our featured guest on the show is Chris Hondl Co-Founder and CTO of Finale Inventory. Chris shares insights on common inventory pitfalls like understocking and overstocking, strategies for managing complex multi-channel operations, and how proper inventory systems can unlock business growth by improving cash flow and customer satisfaction.

Topics discussed in this episode:

  • How can overstocking drain your cash flow.
  • Why is forecasting crucial for seasonal demand.
  • How does real-time tracking prevent stockouts.
  • What you should look for in an inventory system.
  • How does inventory management impact customer loyalty.

Links & Resources

Website: https://www.finaleinventory.com/
LinkedIn: https://www.linkedin.com/company/finale-inventory/
Facebook: https://www.facebook.com/finaleinventory/
X/Twitter: https://x.com/finaleinventory

Get access to more free resources by visiting the show notes at
https://tinyurl.com/3mmsp369

MORE RESOURCES

Subscribe to our FREE Newsletter: https://newsletter.ecommercecoffeebreak.com/
Free Store Optimization Beginners Guide: Instant PDF Download! 👉 https://ecommercecoffeebreak.com/essential-conversion-optimization-guide/
Rate & Review: Help others discover the show by rating the show on Apple Podcasts at https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422

Advertise on ECB - https://ecommercecoffeebreak.com/podcast-sponsorship/
Follow the podcast to catch all the bonus episodes I am adding. Hit that follow button now!

  continue reading

449 episodes

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