Whether you are selling online or offline, you need to manage your inventory (the only exception to this is if your business is dropshipping business). You will need enough products in your store so that there is a smooth supply and you do not have to return your customers. So, how do you as a business effectively manage your inventory in order to minimize the costs and meet customer demand at the same time?
Inventory Management
- Thread starter nomad
- Start date
I think you can achieve this by first knowing the customer's demand. What are they in demand of at the moment? Once you have been able to sort this out, the next step would be for you to arrange your inventory based on their demands.
Managing inventory is an important part of any business and one has to find an inventory method that suits his or her kind of business.
