Jungle Scout inventory manager

At its core, Jungle Scout Inventory Manager is an easy system designed to help Amazon sellers oversee and refine their inventory processes. It’s an integral part of the Jungle Scout tool suite, offering advanced features to track stock levels, forecast demand and automate ordering. With real-time data and insights, sellers can anticipate restock needs and make informed decisions to avoid costly stockouts and overstock situations.

Pro tip: Combine it with the AI Assist to get insights using your real data.

The Inventory Manager works by integrating directly with your Amazon Seller Central account, pulling in data such as sales velocity, historical trends and seasonal fluctuations. This data-driven approach equips sellers with the knowledge to fine-tune their inventory strategy, ensuring they have the right products, in the right quantities, at the right times.

So… Sellers can not only manage orders efficiently but also benefit from sales and profit forecasting tools. These features are essential for maintaining a competitive edge in the Amazon marketplace and avoid paying for FBA extra fees such as overstock or low stock fees.

Benefits of Using the Inventory Manager

Jungle Scout’s Inventory Manager is more than just a tracking system—it’s a robust tool for optimizing your entire Amazon operation. It combines insights to increase sales and profits. By accurately predicting stock needs, you can ensure that your best-selling items are always available to customers, thereby boosting both customer satisfaction and revenue.

Furthermore, the Inventory Manager aids in profit analysis and cost management. It allows sellers to see the big picture of their financials, taking into account Amazon fees, cost of goods sold and other expenses. This holistic view of your business’s financial health is instrumental in making strategic decisions that drive growth.

By utilizing demand forecasting technology (once used on Forecastly, which was acquired by JS), Jungle Scout helps you align inventory levels with consumer demand patterns. This alignment is key to maximizing sales potential and minimizing the risk of lost revenue due to stockouts or markdowns on overstocked items.

Prevent Stockouts: Tips for Effective FBA Management

As an experienced Amazon Seller, here’s my take on what can help you prevent paying for extra fees, like the Amazon low-level inventory fee.

• Regularly review sales data to anticipate restocking needs.
• Set up automatic alerts for low inventory levels.
• Consider lead times and potential supply chain delays when planning restocks.
• Utilize demand forecasting to adjust inventory levels for seasonal peaks and troughs.
• Maintain a safety stock to account for unexpected surges in demand.

Keeping these tips in mind and applying them through the Jungle Scout Inventory Manager ensures that your products are consistently available for Amazon shoppers, thus maintaining your seller reputation and revenue stream.

Why is Accurate Inventory Tracking Crucial for Amazon Sellers?

I don’t think we need to explain that, but here we go anyway. Precise (surgical!) inventory tracking is not just beneficial—it’s critical for success. Accurate tracking prevents over-ordering and excess inventory that can lead to storage fees or clearance markdowns. Conversely, it avoids under-ordering that can result in stockouts and lost sales.

Amazon is killing its sellers with inventory fees:

• FBA fees: storage, handling, shipping, prep…
• Granular fee tiers to the storage utilization surcharge
• FBA aged inventory surcharge aka long-term storage fees
• Low-level inventory fee
• Inbound placement service fee
• Outbound placement service fee
• Placement fees
• Removal fees
• Disposal fees
• Liquidation fees
• Returns processing fee

No wonder why Amazon Sellers are moving to 3PL or Seller Fulfilled Prime options, this is insane! So, for sellers, knowing the exact status of their inventory in real-time allows for proactive decision-making. Jungle Scout’s Inventory Manager excels in this aspect by providing a real-time overview of stock levels, enabling quick adjustments to inventory strategy as market conditions change.

Moreover, accurate inventory tracking is vital for optimizing your seller performance metrics on Amazon. Maintaining high in-stock rates positively impacts your seller rating, which can lead to better visibility and increased chances of winning the Buy Box.

Pro tip: always check your FBA reimbursements and claim your money, use Jungle Scout FBA Reimbursement service