100% compliant India market entry through webstore & online marketplaces such as Amazon India, Flipkart, Myntra, Nykaa, Meesho, AJIO etc. with WareIQ’s Merchant on Record solution
● Goods and Services Tax (GST)
● Transfer Pricing regulations
● Multiple tax filing and reporting
● Complex compliance requirements
● FDI & FEMA regulations
● Data Privacy laws
● Consumer Protection regulations
● Infrastructure limitations
● OMS, WMS, ERP integrations
● Handling Cash on Delivery
Our team of experts enable brands with:
● 100% Import Compliance
● Customes Clearance
● Product certifications
● FDI regulations
● Marketplace Compliance
● GST, APOB & PPOB etc.
● Merchandising strategy
Our fulfillment solution provides brands with:
● Pan-India Fulfillment Network
● Major Courier Partnerships
● Ground Operations Expertise
● Zero Inventory Discrepancies
● Reverse Logistics Capabilities
Our smart tech capabilities include:
● Automated order management
● AI-led Inventory Planning
● Integration with WMS, ERP, order channels, payment gateways, communication systems etc.
● Tech-enabled Returns & Claims Management Solution
We provide robust finance & reconciliation services to:
● Minimize leaks
● Increase profitability
● Reduce losses
Does WareIQ purchase the inventory? How does the stock ownership work?
Yes. WareIQ purchases inventory on paper. No payout is made during stock transfer. WareIQ then sells products via marketplaces, and the payout for sold products is done at the end of the month. Cycle repeats.
How does the payouts happen for sold inventory by WareIQ Retail?
Brand gives a credit note to WareIQ as inventory. At the end of every month, the amount collected from sold inventory is remitted to the brand. Rest of the stock is transferred back to close months’ books. Then retransferred- cycle repeats.
Who does the inventory planning for the products sold in MoR model?
WareIQ uses its proprietary inventory prediction and planning software to plan inventory and place purchase orders with the seller.
What is the liability structure in terms of faulty products and other related issues?
Product liability lies on the brand. An agreement encapsulating that liability lies with the brand is signed before WareIQ buys the inventory.
Who decides the Selling price, discounts etc. on the marketplaces?
WareIQ decides price and discounts according to competitive landscape of the products. Both teams will sync and decide what the right pricing and promotional strategies will be.
What happens to damaged inventory and who is accountable for it?
Quarterly inventory reconciliation will be done and any loss will be adjusted from insurance.