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Managing inventory, forecasting inventory needs, managing FBA and WFS shipments, managing multiple platforms, repricing, and providing analytics and reporting are all parts of a comprehensive inventory management system.
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Keeping track of inventory levels and optimizing them is made possible by inventory management tools, avoiding the costly storage fees imposed by Amazon for unsold inventory.
By optimizing the ordering process, stock forecasting tools take into account current sales volume, shipping and importation times to prevent stock shortages and excessive inventory levels in Amazon's warehouses.
Automated repricing tools will automatically adjust your listing prices so that you always maintain the Buy Box. Which is very necessary if you are not the only seller selling a specific product on Amazon.
By using a fulfillment provider, you can cut down on costly FBA fees and enjoy an automated process from order placement to shipment.