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Summary
Inventory planning
Inventory planning is the process of forecasting the demand and supply of your imported goods, and determining the optimal level and location of inventory to meet your business goals. This technique can help you avoid overstocking or understocking, reduce inventory costs, and improve customer service. You can use demand forecasting to estimate future demand for your goods, using historical data, market trends, and customer feedback. Furthermore, inventory management software or systems can be used to track inventory levels and trigger orders or transfers when the inventory reaches a certain threshold. It is also essential to keep a buffer of inventory to account for unexpected fluctuations in demand or supply. Additionally, criteria such as value, turnover, or demand variability can be used to prioritize and allocate inventory to different locations or channels.
Experience
Store In charge
Accountant
