Inventory & Warehouse data centralization in Magento
Synchronize inventory data across online websites
Before releasing the Magento Open Source 2.3 version, Magento manages a single inventory system. Due to this, it’s really hard to manage multichannel inventory from a single website. It seems like Magento’s recognized this weakness and improves it in the 2.3 version with Multiple Source Inventory (MSI).
With this feature, you can manage inventory data with different warehouse locations, product types, or sources across eCommerce channels. On top of that, MSI also supports auto shipping items from multiple sources to complete orders based on balanced inventory, shipping cost, etc.
Synchronize inventory data to Marketplace
There’s also Amazon Integration (a free downloadable extension), which synchronizes your product catalog from Magento to your Amazon selling account based on the technology of integrating the two systems. Retailers can manage product types and information centrally and they will visible in both Magento websites and the Amazon Marketplace. Not only this empowers retailers to reach more customers but also keeps them out of data silos.
What Magento’s still missing
With inventory and warehouse management system from Magento, you can store and sync inventory data between website channels. Though it’s not a complete omnichannel system, it’s still a good foundation to help you go omnichannel easier.
For example, if you have offline channels, you can link MSI to your POS at each store to sync product from online to offline. For fulfillment, inventory visibility will help perform pick-pack-ship process in real-time. For purchases, you can use the inventory and sales data to calculate how much you need to replenish.