Retail Inventory Best Practices | Secret Life of Inventory скачать в хорошем качестве

Retail Inventory Best Practices | Secret Life of Inventory

Secret Life of Inventory | Mastering Retail Inventory (Best Practices & Real World Stories) Listen to the full episode:    • Mastering Retail Inventory (Why did F21, K...   Read our blog to learn more | The 5 Fundamental Types of Inventory Everyone Should Know: https://www.inflowinventory.com/blog/... Try inFlow's 14-day free trial to manage your inventory and make sure you never run out of stock: https://www.inflowinventory.com/ Stream our podcast on Spotify: https://open.spotify.com/show/2ynkKYh... About Secret Life of Inventory: Welcome to the Secret Life of Inventory – a show where we delve deep into the unseen world of inventory management, revealing the hidden mysteries that help small businesses (like you) optimize their workflow and succeed! Transcript: What are some best practices that business owners should keep in mind? The biggest thing is, what I always tell people is to invest in an inventory management system. It's huge. It's going to save you a ton of time. Everything can like our system inFlow, for example, you can do purchase orders, sales orders. You can pick, pack and ship right in the app. You can use barcodes. And so you're just basically you're scanning out your items as you're picking them and packing them and shipping them off to your customers. So like doing that, all that stuff is going to save you so much time, right? A couple other big ones that are just kind of like very common in something that everyone should be doing, especially in the retail space, is is carrying safety stock. We talked about it before having it's all about having that stock at the right time when you need it in case something happens. You know, we've seen supply chain issues in the last couple of years. So I think a lot of people are now understanding that you can't always expect things to happen when they're going to happen. Things are going to always come out of the blue and mess you up. So it's good to have that safety stock on hand for sure. Another big one, which is like, people hate it, people hate it. Start a cycle count program. And it's like it's very important. And even if you're using the best system in the world, there's going to be discrepancies between what you have in the system and what you have on the shelves. Right. So starting a cycle count program is really great to just kind of keep up on that, making sure those numbers are matching and whatnot. So doing that is great. And there's ways to do it that it's not so horrifying. The bigger the business, the more you don't want to do it, but the more you kind of need to do it, right? So you can kind of do it in batches and sections if you really want, you know, kind of split it up into areas of your warehouse. So maybe do like this wing of your warehouse one day, this wing another day. Because when you're doing a cycle count program, you kind of have to shut down everything. The operations kind of have to stop that way. You know, there's nothing kind of we talked about how things are allocated in different buckets. Right. So you're finished. Goods aren't moving from ready for sale into allocated while you're doing your cycle count, because it's just going to mess everything up. Right. So yeah, the. Cycle counts is all like scanning and keeping track of inventory levels like that, right? Yeah. It's just it's basically just counting all of the things that you have on your shelves and making sure that those numbers match what you have in your system. So it's just yeah, it's just. It's a lot faster to just like like beep, beep, beep instead of like one, two, three, four and then you lose track again. Wait, what was that again? You're like marking things off. You're like you're in a prison cell. You know, each ticks. #retailinventory #retail #inventorymanagement #sercretlifeofinventory #retailinventorybestpractices