Future Stock

This is an omnichannel solution allowing you to expand the range of products available for sale by including stock that is about to be restocked, in transit, or that can be ordered directly from a supplier.

An Order Management System will allow you to have better understanding and visibility of all your orders and stock – current and future.

In an omnichannel system, the solution is considered an additional stock point from which a customer order can be completed. It is a strategic stock point because it expands the product catalogue and takes over from stores and warehouses in the event of stock shortages. This allows all customer orders to be fulfilled. 

Yes. It allows retailers to save time, optimise the selection of products sold (specifically on the website) and save on storage space. Allowing future stock to fulfil online orders also gives the retailers’ purchasing teams additional information to develop their purchasing strategies. They can access the number of orders that have been placed from future stock, and can gauge whether the number of orders, the volume of purchases and the size breakdowns are correct. 
By analysing the orders placed for items from future stock early on, it is possible to increase or reduce upcoming order volumes to better meet customer demands.
An additional benefit of this module is that once the stock has been received, it is immediately dispatched to the customer, which means that the storage units are not cluttered.

The solution expands the available online offering and allows retailers to sell not only the stock that they have to hand (in the warehouse or in stores) but also the future one: the purchased orders and in-transit stock. In this way, retailers don’t reject sales or lose customers. They can keep on selling products and share a later delivery date rather than completely losing the sale.

For the retailers, it’s all about stock optimisation. When a product is unavailable, instead of stopping selling it online, they just have to place a purchase order with the provider. As soon as the purchase order is placed, retailers can sell the items online again. When the order is received, in the warehouse or in store, it can be immediately shipped to the customer. Future Stock means less handling, less stock and more sales.

Thanks to the solution, customers can access a wider range of products. Purchase intentions are met immediately and the buying process is made easier. Customers no longer need to keep returning to the ecommerce website to check whether their desired items are back in stock. The items in question can be ordered immediately, and whilst delivery times are extended, this does not constitute a barrier for customers providing the availability date indicated is accurate and reliable.