MBA1900 Q&A Wednesday: How do I forecast purchases and inventory of goods for future sale?
The $100 MBA Show
00:00
How to Restock Inventory in a Quarter
i sell 300 units of a particular item in one quarter, and it takes me two weeks to replenish my stock. And i can only afford300 oms every three months. I then know by the time i get to two thirds into the quarter, meaning two months in to the quarter, i need to order inventory. What i used to do is i usd toud go mid quarter. It means six weeks in i'ud re order the stock. If i order too early, o have too much stock in the next quarter. But it's safer to go a little bit over in the beginning, because you don't want to be left out of stock. This is really,
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