Shopify inventory management is a significant undertaking that encompasses ordering, storing inventory, and tracking. A merchant has to be meticulous in choosing the tools and technology right for getting the job done. The inventory management solution that one goes for may involve using third-party inventory apps and integrations.
Typically, a merchant will start with using Shopify’s inbuilt tools for inventory management. Herein, one sets up inventory tracking, selects a location for his inventory, and sets up ways to change and update inventory levels.
Third-party inventory management integration is nevertheless required for many reasons. Shopify’s inventory management system does not make the multichannel functionality available and is characterized by a shortage of inventory insights. But when third-party inventory management integration is used, one can forecast future demand and gets an idea about how to distribute the inventory across channels.