Скачать или смотреть 🆕#1 - The Reorder Point (basic) |The Best Ecommerce Inventory Management Course & Software | Amazon

To find out more about the very best inventory management training and software for ecommerce, please visit: https://inventoryboss.com

This video is about the basic reorder point. The reorder point allows you to quickly and easily determine the exact time you need to reorder stock so you don’t run out of inventory. Running out of inventory is part of retail sales, but it is avoidable and once you learn this method, you will not suffer the loss of revenue, ranking and the poor customer service that is associated with being out of stock.

Michael Weir holds a degree in finance, and after graduating law school became a litigation attorney in the complex litigation specialty of Asbestos litigation. He is a certified Planning and Inventory Management expert with certification credentials from the Association of Supply Chain Managers (ASCM). Learn more by visiting https://inventoryboss.com/about

To learn more about the Inventory Boss 8-Step system for inventory management and logistics for ecommerce sellers, please visit: https://inventoryboss.com/8steps

The video introduces the Inventory Boss. The very best inventory management software and training program for ecommerce sellers. This is a multi-platform inventory management software system that can pull data from all your favorite ecommerce platforms, including:

✅ Amazon FBA
✅ Walmart
✅ Shopify
✅ Woocommerce
✅ Shipstation

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To help e-commerce sellers optimize their inventory management systems, the Inventory Boss Training Course was developed. The course covers inventory management and logistics for e-commerce sellers, including those who sell on Amazon, Walmart, Shopify, WooCommerce, and other platforms.

If you have ever had issues or questions about managing your inventory, be sure to watch our entire training series. You will become the Inventory Boss of your business.

https://inventoryboss.com

The 8-Step Algorithm:

Profitable Logistics = {Reorder Point} + {Demand Forecast} + {Seasonality Adjustments} + {Manual Adjustments} + {EOQ: Optimal Order Size} + {Consolidated Shipping} + {Warehouse Balancing} + {Ongoing Refinement}

In a nutshell, that’s it. At first glance, it doesn’t look like much, but know that within each set of brackets contains another set or series of calculations.

If I were to translate this equation into English, it would sound something like this:

Profitable logistics and proper inventory management requires that we first determine the reorder point for a given product or category of products using lead time and safety stock calculations. From there, we gather a couple of years of sales history, if possible, and use that historical data to forecast future sales using some weighted moving average formulas. From there, we need adjust accordingly for any seasonality variables for the period we are forecasting, and then make whatever manual adjustments necessary for that period as well, based on our own unique business experience and foreknowledge of future events (like Prime Day). We will then measure the size of the final forecast against the EOQ to make sure we are in the ballpark for the optimal size order, and then coordinate and consolidate this and any other orders from the region into the proper sized container at port. Once the inventory is in our local warehouse, we will use the projected sales forecast to advise us as to how many units to send to regional distribution centers every month to optimize our storage fees. After that, we continuously analyze our Forecast-to-Demand results and refine our forecasting methods to get better and better.

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