Wholesaler / Importer workflow management
Working with stock feeds from suppliers is fraught if you can’t be certain the stock is available at any given time. Yet retailers or merchants do not have unlimited funds with which to buy stock.
Growing revenues and maintaining average gross margins typically requires a broader approach to sourcing that is less capital intensive. Increase stock positions without the cost of carry by integrating importer/ wholesaler and exchange stock feeds as virtual stock/
Whether shippers, importers, wholesalers or négoces, many of these sources of supply lack APIs which makes it too complicated for retailers to represent their stocks without committing to stock up-front.
The wholesaler/ importer function connects with the Wine Hub to enable a retailer to take in inventory lists from suppliers, filter by stock position and other parameters, determine an optimal margin vs market, and list for sale as ‘virtual’ inventory. The Wine Hub then generates a supplier purchase order back-to-back with a sale.