Successful Inventory Management 

Product codes in small business is so often over looked or discarded as unneccessary. I'll share why this myth can affect your bottom line. 

SKUs & INVENTORY MANAGEMENT

• SKU, what it means and why you need them?
• Unique Identifiers for small business.
• What is a Stock Management System?
• Keeping it Simple!
• How does an SKU increase my bottom line?

All these questions and more will be answered in this compact and thorough training programme. I’ll show you how setting up even a simple excel stock management system can improve your annual turnover.

By the end of this training programme you'll have a good understanding of unique identifers and why we use them in business. Even when you only have a couple of product lines or when you're business is you at your kitchen table you want to have an accurate and detailed management system that will grow with your business and allow efficient order fulfilment. It's not the size of the business that creates the need for SKUs and inventory managment, it's profitability, efficiency and consistency. 

I'll share how this simple process of SKU population will help you grow your business and sell across mulitple sales platforms plus streamline your business and help with stock taking,

Inventory management will set your business up for success because all business is data driven and if you don't know the data how can you know your productivity? Accurately managing your inventory leads to revenue increase and reduces excess stock. Track raw materials, profit margins, ecommerce multi-channels as well as understanding customer demand by monitoring sales and stock trends.

Who is this training for?

In business regardless of size the one essential necessity which makes the difference between success and dormancy is effective inventory managment. Whether you're a one man band juggling the many hats required or an experienced small business, inventory managment cannot be ignored. It's not the size of the business that is important its the need to track and document the data. 

If you produce your products from raw materials then keeping track of your inventory in some capacity and tracking inventory in a supply stockist business is absolutely essential. Achieving efficiecy and financial success really does come down to fine tuning the data available to you. If you're not recording the data in an easy to understand and readable mannor that can be shared with other platforms as and when needed then you do so at the detriment to your business.