If your business requires maintaini

If your business requires maintaining an inventory, you might sometimes feel like you're walking a tightrope. Not having enough inventory means you run the risk of losing sales, while having too much inventory is costly in more ways than one. That's why having an efficient inventory control system is so important.

Ads by Google
CIPS (UK) Qualifications
E-Learning and Tutorial Workshop. Further Your Procurement Career.www.advancescs.com
Avoiding Stockouts
One of the worst things you can do in business is to turn away customers -- people who are ready to give you their money -- because you've run out of the item they want. "Stockouts" not only cost you money from missed sales, they can also make you lose customers for good, as people resolve to take their business somewhere that can satisfy their needs. An efficient inventory control system tracks how much product you have in stock and forecasts how long your supplies will last based on sales activity. This allows you to place orders far enough ahead of time to prevent stockouts.

Overstock Hazards
When inventory isn't managed well, you can also wind up with overstock -- too much of certain items. Overstock comes with its own set of problems. The longer an item sits unsold in inventory, the greater the chance it will never sell at all, meaning you'll have to write it off, or at least discount it deeply. Products go out of style or become obsolete. Perishable items spoil. Items that linger in storage get damaged or stolen. And excessive inventory has to be stored, counted and handled, which can add ongoing costs.

Related Reading: Inventory Control Guidelines

Working Capital Issues
Inventory is expensive to acquire. When you pay, say, $15 for an item from a supplier, you do so with the expectation that you will soon sell the item for a higher price, allowing you to recoup the cost plus some profit. As long as the item sits on the shelf, though, its value is locked up in inventory. That's $15 you can't use elsewhere in your business. So inventory control isn't just about managing the "stuff" going in and out of your company; it's also about managing your working capital, keeping you from having too much precious cash tied up in operations.

Manufacturer's Angle
Inventory control isn't just a concern for companies that deal in finished goods, such as retailers and wholesalers. It's also critical for manufacturers, who maintain three types of inventory: raw materials, works in process and finished goods. If you run out of an essential ingredient or component, production will halt, which can be extremely costly. If you don't have a supply of finished goods on hand to fill orders at they come in, you risk losing customers. Staying on top of inventory is essential if you're to keep the line running and keep products moving out the door.

Kết quả (Việt) 1:

Nếu doanh nghiệp của bạn đòi hỏi phải duy trì một hàng tồn kho, bạn đôi khi có thể cảm thấy như bạn đang đi bộ một zipline. Không có đủ hàng tồn kho có nghĩa là bạn chạy nguy cơ mất doanh thu, trong khi có quá nhiều hàng tồn kho là tốn kém bằng nhiều cách hơn một. Đó là lý do tại sao có một kiểm soát hàng tồn kho hiệu quả hệ thống là rất quan trọng.Quảng cáo của GoogleBằng cấp CIPS (UK)E-Learning và hướng dẫn Hội thảo. Hơn nữa của bạn mua sắm nghiệp. www.advancescs.comTránh StockoutsMột trong những điều tồi tệ nhất bạn có thể làm trong doanh nghiệp là lần lượt đi khách - những người đã sẵn sàng để cung cấp cho bạn tiền của họ--bởi vì bạn đã chạy ra khỏi các mục mà họ muốn. "Stockouts" không chỉ mất nhiều tiền từ việc bán hàng bị mất, họ cũng có thể làm cho bạn mất khách hàng tốt, như những người giải quyết để đưa doanh nghiệp của họ ở đâu đó rằng có thể đáp ứng nhu cầu của họ. Một hệ thống kiểm soát hàng tồn kho hiệu quả theo dõi bao nhiêu sản phẩm mà bạn có trong chứng khoán và dự báo nguồn cung cấp của bạn sẽ kéo dài bao lâu dựa trên hoạt động bán hàng. Điều này cho phép bạn đặt hàng đủ xa trước thời hạn để ngăn chặn stockouts.Overstock nguy hiểmWhen inventory isn't managed well, you can also wind up with overstock -- too much of certain items. Overstock comes with its own set of problems. The longer an item sits unsold in inventory, the greater the chance it will never sell at all, meaning you'll have to write it off, or at least discount it deeply. Products go out of style or become obsolete. Perishable items spoil. Items that linger in storage get damaged or stolen. And excessive inventory has to be stored, counted and handled, which can add ongoing costs.Related Reading: Inventory Control GuidelinesWorking Capital IssuesInventory is expensive to acquire. When you pay, say, $15 for an item from a supplier, you do so with the expectation that you will soon sell the item for a higher price, allowing you to recoup the cost plus some profit. As long as the item sits on the shelf, though, its value is locked up in inventory. That's $15 you can't use elsewhere in your business. So inventory control isn't just about managing the "stuff" going in and out of your company; it's also about managing your working capital, keeping you from having too much precious cash tied up in operations.Manufacturer's AngleInventory control isn't just a concern for companies that deal in finished goods, such as retailers and wholesalers. It's also critical for manufacturers, who maintain three types of inventory: raw materials, works in process and finished goods. If you run out of an essential ingredient or component, production will halt, which can be extremely costly. If you don't have a supply of finished goods on hand to fill orders at they come in, you risk losing customers. Staying on top of inventory is essential if you're to keep the line running and keep products moving out the door.