In the e-Commerce world, dropshipping has become increasingly common. With online retail platforms such as eBay, Amazon, AliExpress and even social media sites, companies are able to sell products without having to physically stock the product they have sold.
Dropshipping is a form of inventory management that has gained widespread attention in recent years. Dropshipping, also known as merchant fulfillment, allows e-Commerce retailers to sell products without holding any stock.
Dropshippers can offer low prices and quick delivery because they don't have the expense of paying for or storing inventory. Dropshipping suppliers will ship items directly to customers from their own warehouses or from other retailers' inventories when possible.
In this article we'll explain how to use the dropshipping feature in CommerceCore™.
Configuration
Activate the functionality in the Purchase application by going to Configuration ‣ Settings, under Logistics activate the dropshipping option.
In order to enable the drop shipping, you have to set up some inventory configuration settings.
Go to Inventory module - Configuration - Settings - Warehouse - enable Multi-step Routes. It will allow you to make the Route field appear on the sale order lines to specify you send a product via dropshipping.
Now, in the Drops Sales app, go to Products - Products.
Select the Product you would like to dropship and add a Vendor pricelist which contains the right supplier, via the Purchase tab.
Go to Sales and create New quotation - Sales order and add the customer
Add the Route field on the right of the sale order line. Now, you are able to specify that your products’ route is Dropshipping.
Once the sale order is confirmed, CommerceCore™ automatically generates a Request for Quotation for the supplier who will proceed to the drop-shipping.
Go to Purchase - Orders - Request for quotations.
The route ‘Dropship’ uses the rule mentioned in the route. An action of ‘buy’ is performed when a sale order comes and it transfers the product from the source location ‘Partner Locations/Vendors’ to destination location ‘Partner Locations/Customers’. Also, it is applicable to products, product categories, Sales order lines, and warehouses.
You can also easily access the dropship document directly from your Inventory dashboard.
Conclusion
Dropshipping is a wonderful way to save money and time, but it can be difficult if you don't have accurate inventory. With an intelligent system like the CommerceCore™ Merchant Operating System, your business will minimize manual processes. This will allow you to streamline operations with third parties by ensuring correct orders are fulfilled alongside the supplier data so that there isn't any discrepancy or error on their end.
By using the CommerceCore™ Merchant Operating System (MOPS), your business will also benefit from gaining report information such as revenue generated off each sale; this provides valuable feedback when deciding to offer new products based around what works best!
If this sounds like something you might need or want for your online business, don't hesitate to reach out using this Contact Form.
Merchant Operating System (MOPS) refers to a type of software used by Shopify merchants to handle day-to-day online-business operations including warehouse management, multichannel product management, invoicing, payment tracking, order processing, and much more.
The Merchant Operating System also includes corporate performance management software to help with planning, budgeting, forecasting, and reporting.
The MOPS is built on the widely popular open-source ERP Odoo Enterprise Framework. 26000 apps/plugins/modules/extensions are available from an Integrated App Store. We help our customers carefully pick and integrate apps based on their needs through our Professional Services.