Inventory - How Much To Buy | Ole L | Skillshare

Inventory - How Much To Buy

Ole L, Physical Product Management

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8 Videos (30m)
    • Intro

      1:33
    • Terminology Explained

      2:30
    • Why Calculate How Much To Buy

      4:09
    • Where To Store Inventory

      5:54
    • Risk to Sales

      5:49
    • How To Calculate Inventory Needed

      6:07
    • What If I Make A Mistake

      2:31
    • Final Thoughts

      1:05

About This Class

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How much inventory should I buy?

Not having enough inventory or having too much inventory are issues retailers face. Why? Mainly because we are trying to predict the future in two ways:

1) What products people will buy; and

2) How long the product would be in demand.

Answering these questions will allow you to calculate more accurately the optimal amount of inventory to buy.

This class has been created to guide you through a step by step process to use in calculating the optimal amount of stock to purchase for your retail business.

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Ole L

Physical Product Management

There is no reason to stop learning and the best way to learn is to share the knowledge you have.

Through sharing my knowledge I hope to add to mine.

Having been fortunate to have worked in buying departments as a Merchandise Planner on three different continents, I have been able to gather a wide range of experience and have accumulated a wealth of knowledge, as a Merchandise Planner, which I am now imparting on others.

What is a Merchandise Planner?

A Merchandise...

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