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You have to consider how much stock is needed in your company. The ideal
situation is that you always have the item in stock your customer wants to buy.
On the other hand it is also very expensive to have too much in stock.
Constant change
Maybe the fashion changes and customers like the colour red but you only have
green in your stock. That is bad luck and your red items in stock are worth
nothing.
20/80
A general rule is that 20 % of a business’s products generate 80 % of it’s
income. Try to locate the 80 % of the products and eliminate them from the
product line. This might minimise the need for a large stock.
Just-In-Time
Maybe you could make a deal with your supplier that they only deliver products
when you actually have sold them? This is called just-in-time management.
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business issue: Close Down The Business
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Copyright © 2009 Dynamic Business Plan 05-02-2012
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