Building a SaaS-Based Inventory Management System for an E-Commerce Retailer

An expanding e-commerce retailer sought our expertise to develop a custom SaaS-based inventory management system to optimize their supply chain and enhance operational efficiency. Their existing inventory processes were fragmented and manual, leading to stock discrepancies and delayed order fulfillment. Our custom software development solution provided them with a robust, cloud-based platform to manage inventory seamlessly.

Country

United States

Duration

6 Months

Industry

E-Commerce

Benefits

At A Glance

0%

25%

Improvement

In inventory turnover rates

90%

Reduction

In stock discrepancies

200%

scalable

Architecture to support growth.

50%

Decrease

In order fulfillment times

Project Key Highlights

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Enabled instant access to stock levels, drastically reducing stock discrepancies by 90%.

Implemented proactive notifications for low inventory levels, preventing stockouts and ensuring optimal stock availability.

Designed a flexible architecture that supported a 200% increase in product listings, accommodating the retailer’s rapid growth without performance issues.

Provided comprehensive analytics and reporting capabilities, empowering data-driven decision-making.

Facilitated smooth synchronization of inventory data across platforms like Shopify and WooCommerce, enhancing sales channel management.

Challenges Faced

By The Client

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Manual Inventory Tracking

The retailer relied on spreadsheets and manual entry for inventory management, leading to frequent errors and outdated stock levels.

Inadequate Visibility

The lack of real-time inventory tracking resulted in stockouts and overstock situations, negatively impacting customer satisfaction and sales.

Slow Order Fulfillment

Inefficient inventory management processes contributed to longer order fulfillment times, leading to dissatisfied customers and lost sales opportunities.

Difficulty Scaling Operations

As the retailer expanded, their existing systems struggled to scale, making it challenging to manage increasing product lines and sales volume.

Our Approach

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We began with a comprehensive assessment of the client’s inventory management needs. By collaborating with their operations and logistics teams, we defined a roadmap for developing a scalable SaaS inventory management system.

We developed essential features such as real-time inventory tracking, automated stock alerts, order management, and reporting tools to provide comprehensive oversight of inventory levels.

The system underwent thorough testing, including user acceptance testing (UAT), to ensure it met the client’s requirements. We executed the deployment in phases to minimize disruptions during the transition.

Our design phase involved creating a user-friendly interface that would provide intuitive navigation. We selected Laravel for backend development to leverage its powerful features and Vue.js for the frontend to deliver a responsive user experience.

The new system was designed to integrate seamlessly with popular e-commerce platforms like Shopify and WooCommerce, ensuring synchronized inventory data across all sales channels.

Results Achieved

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Real-Time Data   Stats

The new SaaS solution enabled real-time visibility into inventory levels, reducing stock discrepancies by 90%.

Faster Order Fulfillment

Streamlined inventory management led to a 50% reduction in fulfillment times, enhancing customer satisfaction.

Enhanced Decision-Making

The integrated reporting tools allowed the client to make informed decisions based on real-time data, improving inventory turnover rates by 25%.

Scalability   For  Growth

The cloud-based architecture supported the retailer’s rapid growth, accommodating a 200% increase in product listings without compromising.

Technologies Used

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Technology

Description

Backend Development

For backend development and creating RESTful APIs.

Frontend Development

For developing a responsive and interactive frontend.

Database Management

For data management and storage.

Cloud Hosting

For cloud hosting and scalable infrastructure.

Testimonial

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"The custom SaaS inventory management system developed by i-Verve has been a game changer for our operations. We can now manage our inventory efficiently, and the real-time tracking has significantly improved our order fulfillment. Their expertise in SaaS development is unmatched."

Let’s bring your idea to life

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Your innovative idea deserves a team that can bring it to life. Reach out to us today to discuss your project, and we’ll work with you every step of the way.