How to Manage Your Amazon Excess Inventory
As an FBA seller, one of your most important tasks is striking the perfect balance between having enough inventory on-hand while not having too much, prompting extra fees. This directly affects your IPI–your Inventory Performance Index–which measures how efficient you are at handling and managing your inventory. If your score is above the standard set […]
Achieving and Maintaining the Right Inventory Balance
Inventory planning is unpredictable by nature. The slightest shift in market conditions could tip the scale, and could end you up with excessive stock or too little inventory to keep up with demand. Too much inventory may force you to discount heavily to move excess stocks while too little inventory may mean missing out on sales due to out-of-stock items. While there is no silver […]
Meeting Amazon FBA Requirements During the Holiday Sales
Since holidays are right around the corner, it is important to keep your inventory adequately stocked way before the due dates given by Amazon. Failure to stock may lead to lower sales during this peak-selling season. In fact, research claims that sales made during the holiday season, particularly on Black Friday, can solely contribute to […]
It’s Not Too Early To Start Preparing For The Holidays: Q4 Inventory Management Tips
Efficient inventory management is more crucial than ever in the fourth quarter, especially if you are selling in the Amazon marketplace. Research shows that almost 73% of Amazon sellers generate half of their total sales for the year during Black Friday, Cyber Monday or Prime Day alone. When it comes to planning for Q4, it […]
Managing Inventory to Improve Cash Flow
Cash flow is the movement of money into or out of a business. It is one of the most important metrics when running your business. Without a healthy cash flow, growing an Amazon business can be incredibly difficult. It can affect your payments to suppliers and employees, as well as, impact the quality of your […]
Understanding Inventory Management
Running a product-based business is quite a feat, especially in the area of inventory management. So, what exactly is inventory management? This involves constant monitoring of your inventory to match the demands of customers who are interested in buying your products. If taken lightly, inventory management can become pretty overwhelming. You should aim to learn […]