Videos

5 Signs Your E-commerce Brand Needs An ERP

Written by Luminous Team | Apr 19, 2024 10:39:36 PM

Congratulations! Your e-commerce brand is booming, and big-box retailers are taking notice. Expanding to new sales channels offers exciting opportunities, but it also introduces complexity.  Here's how to know when it's time to upgrade your inventory management system from spreadsheets to an ERP.

 

Why Spreadsheets Won't Cut It Anymore

Jared Ward, Founder and CEO of Luminous, a scalable ERP system designed for modern e-commerce brands, highlights the dangers of relying on cobbled-together solutions like ShipStation and Google Sheets. Managing multiple channels with different SKUs quickly becomes a forecasting nightmare.

 

Symptoms That Scream "Upgrade Needed!"

  1. Inventory Inconsistency: Customers see "in stock" messages, only to receive out-of-stock notifications later. Conversely, products listed as unavailable might be hiding in your warehouse.
  2. Long Order Cycles: Birthday gifts arrive late, and seasonal items miss the holidays entirely due to sluggish order processing.
  3. Rising Operational Costs: Frequent expedited shipping due to stock mismanagement and staffing issues caused by inaccurate demand forecasting drain your resources.
  4. Supply Chain Blind Spots: Unexpected stockouts plague you because your system lacks low-inventory alerts.
  5. Reporting and Analytics Challenges: Replenishing FBA stock, determining purchase quantities, and forecasting wholesale orders become nearly impossible.

Don't let growth become a stumbling block. These are all signs that your e-commerce brand has outgrown its current inventory management system.  A robust ERP can streamline operations, boost efficiency, and empower informed decision-making.

Want to learn more about how Jared Ward overcame these challenges and scaled his e-commerce business? Watch his full video for e-commerce tips and strategies to help you navigate explosive growth!

 

Luminous: Your Path to Scalable Inventory Management

Don't wait for a million-dollar mistake to cripple your growth. Luminous offers a user-friendly, affordable ERP solution specifically designed for the needs of modern e-commerce businesses.  We've helped hundreds of brands streamline their inventory and supply chain, saving them significant time and money. Book a demo today and start scaling your brand.