Entrepreneurs with Heart Blending Art, Data Analytics and Inventory: Strategies for Artist Entrepreneurs with Walid Nasserdeen
Are you an artist or business owner looking for ways to have the right amount of inventory on hand to meet customer demand?
This week, Adria chats with Walid Nasserdeen, an Operations Advisor committed to streamlining supply chains and driving operational excellence for growing CPG brands. With a focus on reducing stock outs, improving inventory health, and enhancing customer service metrics, he provides tailored solutions that drive efficiency and growth.
Together, Adria and Walid discuss various aspects of business, including pricing strategies, inventory management, and the intersection of art and analytics. Together, they emphasize the importance of considering different sales channels and pricing beginning with the lowest level, such as wholesale, to ensure profitability. Walid shares his insights on managing inventory, pointing out the need to find the right level of inventory for your business that avoids shortages and surpluses. Adria and Walid also touch on other challenges faced by artists in building a business and striking the best balance between their creativity and the practical aspects of running a business.
Highlighted topics discussed in this episode include:
- Importance of recognizing sales channels and pricing at the lowest level first
- Tips for effective inventory management, including considering lead time and demand
- Balancing art and analytics in business
- The value of finding a mentor and being a good student
- Setting goals and holding oneself accountable
Connect with Walid:
Email: wnasserdeen@yahoo.com
Website: https://www.wndeenadvisory.com/
Instagram: @wnasserdeen
Connect with Sydney:
Connect with Adria