#INVENTORY LAB SUBMIT READY TO SHIP FULL#
#INVENTORY LAB SUBMIT READY TO SHIP PLUS#

Scoutify can quickly show you each item’s competitors’ prices, whether Amazon is in stock, potential profit, ROI, sales rank, sales rank percentage, if you’re approved or restricted from selling the item, how many you already have in stock, how many you’ve already sold, plus quick links to request approval for restricted items, and (my favorite) the ASIN’s Keepa graph, just to name a few. We can quickly scan the barcode of an item and have all the information we need at our fingertips to tell us if the item would be a good buy for resale. We can’t image sourcing for inventory without the using the Scoutify smartphone app when doing retail arbitrage. Inventory Lab comes bundled with the Scoutify sourcing app Personally, we prefer to use the “Private” workflow when processing our inventory batches for this very reason. Gone are the days of sending in 45 items to 8 different warehouses. The good news is that using “Private ” workflow almost always sends our inventory to fewer total fulfillment centers than if we had chosen the “Live” workflow or if we had listed our inventory directly in Seller Central. The “Private” workflow sometimes changes the final warehouse destination of some of the inventory items (so you’ll have to double check later that the right items are going to the right warehouses). Inventory Lab can limit the number of FBA warehouses we send out inventory toĪs we start a batch in Inventory Lab, we can choose “Live” or “Private” for the “Workflow Type.” When the “Private” workflow is chosen, nothing is submitted to Amazon until the batch is completed. We can also enter our buy cost, min/max price, and the supplier for each inventory item, so we can later generate reports to help us keep track of things like return on investment or the profitability of certain sources. Inventory Lab also lets us know the item’s current sales rank, category, size tier, and any prep needed, like poly bagging. It gives quick links to Keepa for the ASIN of the item, so we can check out sales rank and price history as we’re pricing the item. It shows the FBA, Merchant Fulfilled, new, and used prices, as well as whether Amazon is selling the item and who owns the buy box. We use a desktop barcode scanner to scan an item into the system, and Inventory Lab pulls up the item with all the information we need to price it. InventoryLab Benefits Inventory Lab is a feature-rich listing service All the information you need is all on one page and you can see it in a glance – condition, number of units, cost, pricing, printing…everything.Works with a wide range of thermal label printers.Automatically pulls P&L for you when an item sells so you can see right away if it was a good product for you.

Takes into account your out-of-pocket cost for the item as well.

You can get the net on any price you choose – merchant fulfilled as well as FBA.

Easy to add expenses as you go – no double entry later into a spreadsheet or accounting program.

InventoryLab has everything sellers need to solve common problems. One Scoutify account can be used by multiple users so sourcing can be outsourced. Scoutify is a mobile app that gives sellers the information they need to make the best product-buying decisions. Stratify helps sellers find profitable products navigate the complicated FBA listing and shipping requirements access their complete accounting and financial information manage inventory and generate comprehensive reports on all business aspects. InventoryLab is a listing service (Stratify) and sourcing app (Scoutify).

#INVENTORY LAB SUBMIT READY TO SHIP FULL#

While Amazon FBA has made it significantly easier for online merchants to start listing and selling on Amazon, there are still a lot of aspects to the business that you need to take care of yourself, especially if you plan on pursuing selling that gig full time. One of the most popular tools out there to help reduce some of the legwork involved with your Amazon business, as well as increase your efficiency and profitability, is Stratify by InventoryLab (sometimes referred to as “Inventory Lab” or IL).

Inventory lab submit ready to ship