Amazon India - the Indian subsidiary of Amazon has the largest fulfilment center spread across 350, 000 sq.ft. and holds 2 million cubic ft. of storage space. This is one of the biggest inventory management facility in India - and Amazon has near about 65 more fulfilment centres like this one across India. Thanks to these fulfilment facilities, Amazon is able to fulfill its one-day product delivery promise. The end result is a happy customer which also helps in building their brand value, leading to higher gains and increased market presence.

Taking a cue from the same, the key reason behind Amazon's huge success is their state-of-the-art inventory management techniques. If you too own an e-commerce business and want to grow in your industry, take reference from Amazon and invest towards improving your inventory management using technology.
Some Technologies you can use to Upgrade your Inventory Management Process:-
  1. Barcodes: Barcodes is one of the best inventory management investment. These are utmost essential and contain every minute detail of a product such as manufacturing date, price and location of manufacture etc. That said, you’ll need a barcode printer which is not very expensive. You can buy a barcode printer under Rs 10, 000.
  1. POS: Point of sale systems are used in business outlets to conduct card-based transaction. These machines directly transfer the money deducted into the connected bank account and managing accounts becomes easy.
Apart from these, you can also use cloud inventory management system to secure and access your date from everywhere and anywhere along with APIs to manage your inventory more easily.