Inventory - How Much To Buy

Ole L, Physical Product Management

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8 Lessons (30m)
    • 1. Intro

      1:33
    • 2. Terminology Explained

      2:30
    • 3. Why Calculate How Much To Buy

      4:09
    • 4. Where To Store Inventory

      5:54
    • 5. Risk to Sales

      5:49
    • 6. How To Calculate Inventory Needed

      6:07
    • 7. What If I Make A Mistake

      2:31
    • 8. 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.