avatar

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

Honest Ecommerce
Honest Ecommerce
Episode • Nov 23, 2023 • 22m

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:

If you’re enjoying the show, we’d love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!