Archive for February 17th, 2008

Smart Inventory Choices

• February 17th, 2008
• 20 Comments »

Across the board, I am seeing a lot of mistakes made with inventory orders. I am sure we have all been there. I know I have made a mistake here and there. I’ve decided to dedicate this post to helpful ideas and tips for placing inventory orders–from the initial order to restocking orders. We don’t want to order more than we can handle, but we don’t want to come up short either. Which is better? In my opinion, I think it’s OK to come up short. I do think it is smart business practice to have an inventory, but there are good ways and bad ways to achieve inventory. Here, I am going to make some suggestions that I feel are useful for keeping inventory under control and manageable–both product-wise and money-wise. (more…)