Bonus Episode: Investing in Solutions As Early as Possible with Bahadir Efeoglu

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/

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