Supplier Catalogue Integration for Virtual Stock

LONDON - July 16, 2013 - PRLog -- To achieve a competitive advantage many Sellers and Retailers are choosing to become Stockless in nature by using Drop Shipping and Virtual Stock. The opportunity of higher margins without restricting cash flow has led many to establish relationships with multiple suppliers to offer a wide variety of products,

However the more suppliers added, the greater the volume of products for sale and in turn the greater the opportunity to generate sales. The downside now presents itself as a dramatic increase in data administration and overselling (selling products that are not in stock/ deleted).

Streamlined Processing for Virtual Stock

Supplier Catalogue Integration benefits stockless retailer and drop shippers by batch processing multiple catalogues and product update from different Suppliers and combining them into 1 centralised feed for listings, updates or imports

By combining consolidated Catalogue Data into a single master feed with the management of online retail operations from a centralised multi-channel system or webstore; retailers can dramatically reducing time spent administering catalogue data, products can be taken to market quickly and on mass plus existing stock quantity and prices updated to reflect the supplier’s current state.

Enhanced Catalogue & Supplier Management

Through further combining catalogue consolidation with sales data analysis, retailers have a better insight into how to manage their Supplier operation based on total sales generated volumes of products moved and overall profitability on lines/ranges.

The Consolidation of Catalogue data from multiple sources allows for, but is not limited to

·         Rapidly Adding New Suppliers

·         Removal of Poor Preforming Suppliers

·         Testing New Product Lines Quickly

·         Listing Lucrative Product Ranges with Speed

·         Removal of Slow Moving Product Lines

·         Reducing Operational & Labour Costs

Supplier Catalogue Integration is a streamlined approach to achieving a competitive advantage through leveraging virtual stock, and proves highly beneficial in expanding retailers sales reach, getting products to market quickly and reducing the overall administration burden.

About Transforming Data, an EDIMatrix Service

Transforming Data provide Product Feeds, Supplier Catalogue Conversion, Data Conversion and Advanced Data Mapping solutions to Drop Shipping, Multi Channel and Online Retailers. Their solutions reduce time to market for product listing, increase sales generation while reduce operational overheads by transforming data for Marketplaces (eBay, Amazon, Play.com), WebStores and Offline-Channels.

Contacts:
Mark Goodwin

Transforming Data

mark.goodwin@transforming-data.com

www.transforming-data.com