eVanik Review

Multi-Channel Order Management

eVanik OneWorld Suite comes with an order management system that delivers the visibility, accuracy, and efficiency you need for tracking and managing orders across multiple sales channels. With this system, you’ll be able to gather order information from various sales channels your eCommerce business is using, such as marketplaces, mobile phones, in-store, and your own website. All the collected order information is consolidated in one central place. This makes it easy for you to monitor the status of orders regardless of which sales channels they come from. 

The order management system is also equipped with inventory management and fulfillment capabilities. For instance, it allows you to apply item-level tagging and RFID technology, and other advanced and automated practices so you can efficiently track inventory and inventory levels across multiple warehouses in real-time. Plus, you can use filters to organize and prioritize the orders you need to ship, like sorting orders by inventory location, store, order date, dispatch date, delivery method, destination, or order weight. 

Profit Margin Analysis

eVanik OneWorld Suite allows you to track and analyze the exact profit margins your eCommerce business or online store is generating, whether at the marketplace, order, or product level. The eCommerce back-office software suite automatically collects cost data of all types from multiple marketplace channels and consolidates them in a reporting tool, including data on the cost of goods, shipping costs, transaction and payment processing fees, and recurring costs. 

After tracking all the essential cost data, it then calculates the net profits, profit margins, and markups for orders and products being placed and sold on your marketplace channels. eVanik OneWorld Suite, moreover, lets you create reports that help you present and explore expense and profit data much easier and faster. As you analyze your profit margins, you can discover useful insights and apply better financial strategies to improve the performance and profitability of your business. You may reallocate resources, lower prices, or increase ad budget. 

Artificial Intelligence

One of the key features offered by eVanik OneWorld Suite is it uses artificial intelligence. This aids you to make decisions quicker and smarter as you sell on different marketplace channels. The suite analyzes and understands the velocity of customer orders and helps you determine pricing trends and the right pricing points. It can also assist you in accurately predicting sales cycles across different marketplace channels and ensuring that you have the right amount of inventory to respond to spikes in demand that may exist in the future.