Investing in Solutions As Early as Possible | Bahadir Efeoglu | Fabrikator | Bonus Episode
Bahadir, coming from a digital product management background, crafted products for both small online businesses and public DTC companies like Martha Stewart’s Marley Spoon.
In the past 5 years, he has been leading his tech company Fabrikatör (can be read as fabricator in English) building solutions for DTC businesses.
In This Conversation We Discuss:
- [00:00] Intro
- [01:49] A business born out of witnessing inventory pains
- [02:47] Providing solution for out of stock/overstock
- [03:48] Challenges arise when solving inventory issues
- [04:58] When an inventory planning software is needed
- [06:10] Prepare your stocks for peak seasons
- [06:37] Prioritize inventory as early as you can
- [07:24] Learn spreadsheets for a solid foundation
- [08:14] The painful lag between investments and supply
- [09:38] Using a unified platform to track all operations
- [10:41] Monitor where you park your cash and capital
- [11:38] Inventory forecasting makes or breaks a business
- [12:35] Successfully using pre-orders as a research tool
- [14:10] Your storefront reflecting your inventory
- [15:15] An inventory solution for every step of operations
- [16:56] Pre-orders as a safety net for unexpected issues
- [17:45] Inventory issues affect marketing efforts as well
- [18:41] Collaborative platform for marketing and operations
- [19:43] Overstocking costs more in an ever-changing market
- [20:20] Reducing carbon footprint as an Ecommerce business
- [21:21] Get started with Fabrikator’s all-around solutions
Resources:
- Subscribe to Honest Ecommerce on Youtube
- Inventory management software for Shopify fabrikator.io/
- Follow Bahadir Efeoglu linkedin.com/in/befeoglu/
If you’re enjoying the show, we’d love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!
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