|
You have to consider how much stock is needed in your company.
The ideal situation is that you always have the item your customer wants to
buy in stock. On the other hand it is also very expensive to have too much in
stock.
Obsolete stock in store
Maybe the fashion changes and customers like the colour red but you only have
green in your stock. That is simply bad luck and your red items in stock are
worth nothing.
80 - 20
A general rule is that 20% of a business’s products generate 80% of its 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. - Go to next
business issue: Supplier
 |
 |
 |
| |
warehouse
| K MURUGAN, INDIA |
22-09-2010 |
1 year
| earl, phillippines |
07-09-2010 |
how to store stocks
|
|
 |
 |
 |
Download free templates
- Download templates to help your start-up
Copyright © 2009 Dynamic Business Plan 21-05-2012
|
|
