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Inventory for Subscriptions

Written by Luminous Team | Oct 15, 2024 12:05:19 AM

The Luminous Solution for Subscription-Based Brands

Managing inventory for subscription-based businesses comes with its own set of challenges. The good news is, Luminous is designed to make it easier. If your business sells products on a subscription model, like hats or any other items, Luminous helps you keep track of upcoming orders and ensures you don't oversell. Here’s how it works.

Real-Time Subscription Inventory Management

One of the key features of Luminous is its ability to manage both your current stock and upcoming subscription commitments. For example, if you have 500 hats in stock but know that 300 of those are committed to subscription orders over the next 30 days, Luminous automatically adjusts your available inventory to show only 200 hats for sale. This prevents you from overselling and helps you better manage your stock levels.

Benefits for Subscription Businesses

  1. Accurate Inventory Levels: Luminous monitors future subscription orders and adjusts your available inventory accordingly, ensuring your stock is always up to date.

  2. Prevent Overselling: By accounting for committed stock, Luminous ensures you never promise more than you can deliver, helping you avoid overselling your best sellers.

  3. Smoother Operations: With automated inventory adjustments for subscriptions, your team can focus on other aspects of the business without worrying about manual updates.

Why It Matters

For businesses heavily reliant on subscriptions, staying on top of inventory can be a challenge. Without a clear view of how much stock is committed to future orders, you risk overselling, leading to customer dissatisfaction and operational headaches. Luminous solves this problem by automatically factoring in future subscription orders, so you always know exactly how much stock is available to sell.

Ready to Streamline Your Subscription Inventory?

Luminous simplifies inventory management for subscription businesses, allowing you to focus on growth while ensuring your stock levels remain accurate and reliable. Book a demo today and discover how Luminous can help you avoid stockouts, improve customer satisfaction, and streamline your operations.