What is Amazon Inventory Management? (Amazon FBA Tips & Tricks for Beginners)

Amazon inventory management is an essential component to the success of your business. In this video, Nolan will go over inventory management and offer some tips on how to manage it. First, we'll offer some ideas if you're wondering how much you should order for your shipment like so many others. Nolan will then show you why inventory management is so important and go over the problem areas many Amazon sellers face. This can include going out of stock, overstocking, stranded stock, and high storage costs. We'll even take you through Inventory Performance Index scores and the various tabs on the Inventory Planning tab of Seller Central. By the end of this video, you should have a good idea of inventory management and how you can...well...manage it!

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0:00 - What is Amazon inventory management?
0:05 - How many units should you order for your first Amazon FBA shipment?
1:36 - Why does inventory management matter to an Amazon business?
2:04 - Common problem areas for managing your Amazon inventory
2:08 - Going out of stock on Amazon
2:57 - Overstocking Amazon inventory
3:28 - Having stranded stock on Amazon
3:58 - High storage fees on Amazon FBA
4:20 - How to efficiently manage inventory on Amazon FBA
5:33 - How do you know you're managing your inventory efficiently?
5:38 - IPI score or your Inventory Performance Index score
7:08 - Inventory Planning Tab on Amazon Seller Central
8:10 - Restock limits in inventory planning
9:03 - Storage volume in inventory planning on Seller Central
9:19 - How do you manage your IPI score?
9:49 - Conclusion