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What Is a Virtual Warehouse? Virtual Inventory Solutions

Industry Trends
  • April 18 2022
  • petrablog
Virtual Inventory Solutions

“Virtual warehouse.” That sounds like something out of a futuristic fanfiction of The Office.

But it’s more of a business opportunity rather than something Michael Scott would use to procrastinate in the Dunder Mifflin warehouse.

The internet, ecommerce, and mobile communications industries are changing retail. As a result, they’re changing how we manage and store inventory.

How can a virtual warehouse help businesses like you?

Let’s examine what virtual warehousing is, how it works, and how it can aid your business.

What to Know About a Virtual Warehouse?

What is it?

Virtual warehouses are a type of distribution and fulfillment center where product inventory is housed and then distributed to third parties on an as-needed basis. This virtual warehouse is the key to having a 360-degree view of the inventory.

They help you fulfill orders faster and meet customer expectations set by big players in the ecommerce space.

In other words, “…it is software that provides a comprehensive view of assets and materials for logistics and fulfillment purposes. This allows inventory to be stored anywhere in the world, so it can be distributed on an as-needed basis. Virtual warehouse solutions are also often used to ‘reserve’ units of inventory for a particular purpose.”

Who Can Use it?

Anybody!

The beauty of using a virtual warehouse to store products is that it doesn’t apply to one industry. Anybody can use a virtual warehouse, whether a business sells tech and gaming accessories or the hottest fashion.

Why is it Needed?

The Importance of Virtual Warehouses

In the world of e-commerce sales and rising customer expectations, product management and order fulfillment are not easy. Every business’s motive remains the same: to have organized inventory management and order fulfillment while meeting the customers’ expectations. Most consumers have access to computers and fast-moving technology.

If they want something, they want it now.

Advantages

The main advantage of virtual warehouses? Cost-reduction and user-handling flexibility. Users can share information. Therefore, this provides flexibility and ease of handling. The cost is also reduced because the structure costs decrease. Using this kind of system delivers a variety of benefits to retailers. Systems including fast communication and real-time tracking help deliver the speed of information flow and analysis.

Picking Petra as Your Virtual Warehouse Partner

For Dropshippers

If you’re a dropshipping business, you know that a virtual warehouse is critical to maintaining your inventory and keeping the products you sell in stock. At Petra, we handle the logistics and shipping so that you can focus on boosting your profits and growing your business. We have thousands of top-selling and unique products to choose from the hottest brands your customers love.

Experienced employees staff our distribution center and are equipped with the latest technology to move your products from Point A to Point B. When you dropship with Petra, there is no minimum order requirement, enabling you to purchase the product you need when you need it. And with same-day shipping, you’ll have the products you need when you need them.

Running a dropshipping business is easier when you don’t have to deal with physical products. That’s why picking the best option for your business needs is crucial to your overall success. Our virtual warehouse solutions, facilitated by our 525,000 sq. ft. distribution center, enable you to fulfill orders quickly and meet your customer’s needs, so you can focus on running your business.

<<< Are you interested in dropshipping? Click here to get started! >>>

For Retailers and Ecommerce

Petra doesn’t offer virtual inventory solutions to dropshippers only—we also work with retailers and ecommerce partners! We connect businesses with the brands they need and the products their customer’s demand and stay on top of industry trends to deliver every advantage to ensure success.

Our state-of-the art warehouse provides retailers and e-tailers with ordering and shipping solutions to quickly fulfill orders. And, our same-day shipping principle ensures your last-minute needs will never be a problem. When picking the ideal virtual warehouse for your inventory solutions, customer support is a must. Petra gives you dedicated sales support and live representatives to talk to during business hours. Above all, you won’t have to jump through hoops to talk to a real human. If you ever need to return a product, our returns system makes your return authorization requests convenient for you.

Take Advantage of Virtual Inventory Solutions with Petra

You already know what you want—you want to make more money, give your customers the products they want at prices they love, and have more time to focus on growing your business.

You get everything you want with a virtual warehouse.

Use Petra as your ideal solution. Click here to get started today.