Inventory management for e-commerce brands has never been more complex. As sales channels multiply and supply chains evolve, traditional systems often fall short. Luminous was designed to handle these modern demands. Here’s a straightforward guide on how Luminous simplifies inventory management, tailored for omnichannel brands.
Luminous is built specifically for omnichannel brands. Modern ecommerce demands inventory management systems that integrate seamlessly with multiple platforms, from Shopify and Amazon to big box retailers like Macy’s and Target. Luminous pushes inventory data to any platform, ensuring accurate stock numbers across all your channels. And if you’re on a new or emerging platform, Luminous is open to building integrations to keep your operations running smoothly.
Tracking landed costs, such as freight, duties, and other variable expenses, is a must for ecommerce businesses. Luminous makes it easy to allocate these costs to your inventory. Whether you’re splitting shipments across multiple purchase orders or adding costs by weight, volume, or subtotal, Luminous accurately tracks these expenses across cost layers, so you always know your true product costs.
Ecommerce purchasing often requires flexibility, especially when managing multiple vendors, products, and shipments. Luminous supports this by allowing you to edit open purchase orders, split shipments, and handle complex purchasing flows with ease. You can make changes without hassle, keeping your inventory management efficient and accurate.
Luminous makes it simple to provide accountants with the information they need to reconcile costs of goods sold (COGS) and close the books. The system pushes purchase orders, invoices, and journal entries directly into QuickBooks, while making it easy to map entries to your chart of accounts. This means your accountant has everything they need, with minimal manual input, reducing errors and saving time.
Managing inventory across multiple warehouses, including 3PLs and FBA (Fulfillment by Amazon), is increasingly common for growing brands. Luminous enables you to plug into various distribution points across different regions, and pulls all your inventory data into a single location. This unified view simplifies stock management, no matter how many warehouses you’re working with.
As brands expand, they often start selling through more niche channels—places like Faire, Macy’s, Michaels, or even Target. If your inventory management system can’t integrate with these fringe order sources, it can lead to manual work and operational headaches. Luminous is committed to integrating with these less common channels, ensuring your inventory is deducted accurately and keeping everything under one system, so you don’t have to resort to manual processes.
Many ecommerce businesses bundle products, offer kits, or do light manufacturing. Luminous handles all of these needs. From tracking raw materials to assembling finished goods or disassembling products for returns or rework, the system is designed to be flexible. This ensures that even the most complex inventory workflows can be managed effectively.
Luminous is your solution. Our comprehensive system streamlines operations, tracks landed costs, and integrates seamlessly with your sales channels. Book a demo today!