{"id":18433,"date":"2017-04-13T10:26:01","date_gmt":"2017-04-13T10:26:01","guid":{"rendered":"http:\/\/live-42gears-site.pantheonsite.io\/?p=18433\/"},"modified":"2023-01-13T19:01:23","modified_gmt":"2023-01-13T19:01:23","slug":"e-commerce-inventory-management-mobile-application-management-improved-user-experience","status":"publish","type":"post","link":"https:\/\/www.42gears.com\/fr\/blog\/e-commerce-inventory-management-mobile-application-management-improved-user-experience\/","title":{"rendered":"E-Commerce Inventory Management with Mobile Application Management for Improved User Experience"},"content":{"rendered":"

\"E-Commerce<\/p>\n

Over the last few years, e-commerce<\/strong> has experienced a substantial business growth due to increase in internet usage. The top players in the retail market are China and US, estimated to have $300 billion<\/strong> and $270 billion<\/strong> of retail sales figures respectively. One of the areas where most e-commerce businesses face problems is inventory management<\/strong>. There have been many cases where faulty or incorrect inventory management has led to snags in business operations for e-commerce companies like poor customer service, forecast sales errors and mismanaged inventory.<\/p>\n

In simple terms, the main principle behind inventory management is to ensure there is enough stock to meet demand and to not go overboard which causes capital misuse.<\/p>\n

The e-commerce industry is growing at an unprecedented rate. Worldwide retail sales are expected to jump to $28 trillion by 2019 with retail e-commerce accounting for 12.8% of retail purchases. The Asia-Pacific region is expected to drive this growth with e-commerce sales in the region expected to climb $3.5 trillion by 2019, contributing to almost 23.5% of the retail e-commerce sales growth worldwide.<\/p>\n

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Source: www.emarketer.com<\/p><\/div>\n

Retail e-commerce or electronic retailing is also commonly known as e-tailing. It accounts for a significant share of revenue earned by the global retail market due to its supremacy in online trade and business operations. This growth has been helped along by increasing integration of mobile and smartphones phones, the internet and 3G network in the market. Several convenient payment methods like mobile payment, internet banking, and cash on delivery are appealing features that are helping in the growth of the global e-tailing market.<\/p>\n

With such huge numbers, it can become quite difficult, not to mention time-consuming, to enter, track and manage inventory manually using archaic desktop systems. But thanks to new programs designed by technology firms, easy-to-use applications have been created for this purpose, which we call enterprise mobility solutions<\/strong>. With the help of these applications, it has now become possible to manage inventory in a way that was impossible several years ago.<\/p>\n

As per reports, US Total Business Inventories<\/strong> <\/a>is currently at a level of 1.841 trillion USD<\/strong>, which is up from 1.836 Trillion<\/strong> last month and up from 1.8 trillion a year ago. Inventory management can prove to be a complex task when retailers deal with large stock volumes and are spread across multiple locations.<\/p>\n

An effective Mobile Application Management (MAM) tool<\/strong>  for inventory management will help a business in the following areas:<\/p>\n