The Hidden Costs of Poor Inventory Management And How to Fix It — Chris Hondl

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In this episode, we dive into the hidden costs of poor inventory management and discover practical solutions for e-commerce businesses.

Our featured guest on the show is Chris Hondl Co-Founder and CTO of Finale Inventory. Chris shares insights on common inventory pitfalls like understocking and overstocking, strategies for managing complex multi-channel operations, and how proper inventory systems can unlock business growth by improving cash flow and customer satisfaction.

Topics discussed in this episode:

- How can overstocking drain your cash flow?
- Why is forecasting crucial for seasonal demand?
- How does real-time tracking prevent stockouts?
- What should you look for in an inventory system?
- How does inventory management impact customer loyalty?

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Timestamps:
[00:01:20] Why e-commerce businesses struggle with inventory management
[00:03:40] How understocking and overselling impact cash flow
[00:05:40] What makes multi-channel inventory management complex
[00:08:00] Why overstocking can hurt your business
[00:10:40] How forecasting helps with seasonal demand
[00:13:00] Why real-time tracking prevents stockouts
[00:16:40] What to consider when choosing an inventory system
[00:19:20] How AI is changing inventory management
[00:21:40] Why inventory management affects customer satisfaction
[00:26:00] How to scale inventory processes as your business grows

🌐 Episode page: https://ecommercecoffeebreak.com/ecommerce-inventory-management-system

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*DISCLAIMER/DISCLOSURE: Any information or advice we give is purely based on our own experience and research. There is no guarantee as there are many variables that will impact your success. Everything stated should be taken as an opinion. Some of the links on this page are affiliate links, meaning, at no additional cost to you, we will earn a commission if you click through and make a purchase. This video contains paid promotions such as product placement, sponsorships, or endorsements. We feature sponsored interviews with guests who paid an appearance fee that supports the maintenance of the channel and podcast. Thank you for your support!

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