Theo. If you know that the goods are difficult to find or manufacture, please consider marking all of them as out of stock for the time being. In addition, consider using inventory management tools, which is the easiest way to automate the process. This is especially useful if you sell in other locations, such as retail stores, local markets, or Amazon. Everything is completely synchronized and all information is always up-to-date.
5. The option of waiting list in the store. Adding the waiting list can be a good way to prevent missing sales opportunities when goods are out of stock. Not only loyal customers, but also new shoppers are excited- Waiting for more products may be happier. Using the woocommerce waitlist extension, shoppers can register for email notifications and receive notifications when products are in stock. 6. Adjust the price according to the needs, and you can still find the materials and products you need, but it may be much more expensive than before. This means that prices may need to be raised in order to maintain profits. Finally, the price paid by consumers for products rose by 5.4% in September 2021 alone due to the rise in manufacturing, labor and material costs.
Sit down and analyze the cost of products and materials to get a good idea of maintaining revenue. After mastering the correct number, you can inform existing customers of the current situation to ensure that you will not be impacted when you visit the store next time. Send email or personal contact to the most loyal shoppers, such as wholesale customers. The more you tell, the better. Please tell me the reason for the price increase, tell me the new price, and give me the opportunity to ask questions. 7. Check the waste reduction process and find ways to reduce waste. The less materials and products are discarded, the more they can be sold. Here are some areas you can see and improve:
packing How best to protect the product from damage or corruption during transportation? Consideration includes additional down jackets, investment in high-quality boxes, and confirmation that refrigeration is the highest level. Store How to keep items to prevent accidents, damage and corruption? Is there any way to improve it? operation Are you making full use of all materials? How to reuse or recycle items? presentation Consider how to minimize returns, such as providing product descriptions in advance, including accurate photos, and answering as many questions as possible before purchase. 8. Ensure emergency stock and work in advance. As far ahead of all problems as possible. Do not wait until the materials or goods are completely used up before making a new purchase order. But please order in advance.
You may also want to keep an emergency inventory of manufacturing materials, packaging materials, and products in case of delays or shortages. This way, you can work as planned for as long as possible until you get the project you need or find an alternative solution. Although the lack of up-to-date information and a connected supply chain can sometimes be frustrating and frightening, there is a way to overcome this and make the store operate smoothly. It is important to understand how to improve the process and maximize contact with customers. What solutions have you found to deal with the shortage of supply chain? Tell us with comments!
