Key takeaways: 1. GETIDA provides software and technology to track inventory in real-time on Amazon's fulfillment centers. 2. Discrepancies in FBA transactions can range from 1% to 3% of revenue. By identifying discrepancies and losses, you can take the necessary steps to protect your business and increase cash flow. 3. To succeed in the online retail space, it's important to continuously learn and adapt to the ever-changing industry. Having a deep knowledge of Amazon’s system and staying up to date will give you the upper hand.
1:09 Tell us a little bit about yourself, GETIDA, and your role at GETIDA. 1:38 Can you explain why Amazon sellers are constantly losing a percentage of inventory? How is this happening? 5:14 How often is GETIDA reconciling? 7:03 How do sellers get information into the system? 10:41 How much money are sellers typically losing? 14:57 What are some tips that you have for sellers when you start talking about fulfillment issues? 17:56 The process of selling on Amazon continues to change daily, what are some best practices for sellers to be successful on Amazon? 23:17 What is your favorite technology that you’re using today? 25:29 What’s something that’s blowing your mind?
Next Level Supply Chain with GS1 US Podcast Page: https://next-level-supply-chain-with-gs1us.podcastpage.io/ Learn more about GS1 US: https://www.gs1us.org/ Learn more about GETIDA: https://getida.com/
