Multichannel ecommerce platform ChannelAdvisor has released features including a new pricing console and an improved demand forecasting module.
The Amazon Pricing Console provides ASIN-level data, Amazon repricing tools and calculators, in one streamlined location. Users can report on performance, see competitor information, adjust minimums and maximums, and change repricer rules.
Velocity Repricing adjusts prices automatically based on goals, such as improving profit margin or increasing unit sales. This eliminates the need to manually monitor inventory levels, performance metrics and sales velocity data. Velocity Repricing helps reduce spending on storage fees for underperforming products, and earn more on top-performing SKUs.
Demand Forecaster Premium provides additional insights to prevent overstocking and under-selling, by predicting the inventory needed to meet upcoming demand. In addition to per-product estimates of stock needed for the next 30, 60 or 90 days, Premium also shows forecasts by channel, category and fulfillment type.
ChannelAdvisor's improved Shipping Management Suite has full API support and over 20 specialty features. Advanced automation helps ensure each order is sent using the fastest, most cost-effective shipping option available. Orders can be split, formatted and routed based on shipping fees, speed and other variables.
ChannelAdvisor Fulfillment Services keep connections to distributors and third-party logistics providers up-to-date at all times. Even if a distribution partner's technology changes, orders will continue to go through. Orders can be automatically routed to the most cost-efficient distributor, by comparing prices across suppliers.
Finally, Nielsen Product Availability has been added for manufacturing brands, to ChannelAdvisor's Where to Buy Local solution. This ensures consumers will always see the most up-to-date information on in-store retail stock.