Perceiving what to stock, how much to stock, and when to stock should NOT be speculated.
Are your trade business job schedules a mess? Running out of equipment storage space? Or your safety stock levels are too high? All initiating missed jobs, disgruntled customers or worse, illiquidity?
If any of this sounds familiar, your stock management process should be streamlined.
Bryn (Tradies Accountant) and Tiffany (Modus Operandi) are took the initiative to unravel how an efficient inventory management process can help you grow your trade business, save you time and increase your productivity. This will further help you to maintain optimal stock levels, improve customer satisfaction, and improve your cash flow. Watch our webinar on Stock Control to learn how to stay organised and the recommended tools to use for accurate reporting.
- What is Stock Management?
- Risks / Mishaps of not managing Stock: Inaccurate stock levels & Inflated gross margins
- Advantages of Stock Management: Accurate stock levels; Quick restock to bring your; Stock levels back to a minimum quantity; Accurate reporting; Accurate gross margin
- Work in Progress