Product Management
Explore how product management enables instant updates of stock information,
minimizing the risk of overselling and improving customer satisfaction
Inventory Management Hub
Ensure uniform inventory data across your sales avenues by utilizing a central catalogue of merchandise.
Consistency Across Channels
Our product management solution transmits inventory data to your Point of Sale (POS), online retail, or Customer Relationship Management (CRM) systems, guaranteeing that all your sales platforms possess the latest stock particulars.
Right Products at the Right Place
Employ the adaptable Warehouse feature to categorize specific products for distinct sales channels. This simplifies the process of managing products exclusively meant for online or in-store availability.
Simple input
Create items on your GOIS account in the manner that works best for you, whether it’s through bulk upload or individual entry.
Simple Importing
Use a simple spreadsheet template to upload and bulk import or edit your product catalog. Alternatively, import items from your current POS-integrated or e-commerce software.
Manually Produced
Adding new products and making updates to existing ones are quick and simple. GOIS will save comprehensive product details like measurements, pictures, price tiers, and much more.
Product Tracking
Detailed information about each product can help you make more profitable decisions for your company.
Average Landed Cost
GOIS keeps accurate records of a product’s average landed cost for each transaction, taking into account the purchase price and all other expenditures.
Stock Visibility
With GOIS, you can effectively manage your products and focus on expanding your business by tracking all of your goods from purchase to sale with Inventory Reports and adjusting amount and value with Stock Adjustments.
Key Benefits of Product Management
Improved Inventory Accuracy:
Product management ensures that your inventory data is accurate and up-to-date, reducing the risk of stockouts, overstocking, and inaccurate order fulfillment.
Enhanced Customer Satisfaction:
Accurate product availability information leads to better customer experiences by preventing instances where customers order items that are actually out of stock.
Optimized Order Fulfillment:
With accurate product information and real-time stock updates, order fulfillment becomes more efficient, leading to quicker processing and delivery times.
Multi-Channel Consistency:
Product management maintains uniform product data across all sales channels, providing a seamless experience for customers whether they shop online or in-store.
Effective Demand Forecasting:
By analyzing historical data and sales trends, product management helps in predicting demand patterns, allowing you to adjust inventory levels accordingly.
Reduced Holding Costs:
Proper product management prevents overstocking, which can lead to excessive holding costs. It also minimizes the cost of stockouts by ensuring timely replenishment.
Strategic Product Placement:
Customizable warehousing features enable you to strategically place products according to their demand and intended sales channel, optimizing visibility and accessibility.
Data-Driven Insights:
Product management systems generate valuable insights into which products are performing well, helping you make informed decisions about restocking, promotions, and discontinuations.
Minimized Manual Errors:
Automation in product management reduces human errors associated with manual inventory tracking, leading to more accurate records and smoother operations.
Efficient Returns Management:
In case of returns or exchanges, having a well-managed product inventory system enables seamless processing and restocking, improving customer satisfaction.
Compliance and Regulations:
For industries with regulatory requirements, proper product management ensures accurate tracking of items for compliance and reporting purposes.
Time and Cost Savings:
By automating various inventory processes, product management saves time and labor costs, allowing your team to focus on more value-added tasks.
