How do I calculate the “right amount” of inventory to stock?
Stocking the right amount of inventory is crucial. If you order too little, your customers will start looking elsewhere. If you order too much, there’s a chance you’ll be stuck with lots of extra stock that will freeze your assets and limit your business.Before starting to take care of their inventories, we ask business owners how they decide when to place a new order. A resounding 46% of those questioned decide based on information from previous months. If you feel that you are part of that 46%, we need to make sure you get the right inventory data. That certainly results in a search for a solution that’ll automatically track your inventory movements as much as possible.BVM has developed a solution for that and it can fit almost any company: no matter if it is a small corner shop or multilingual company with warehouses placed all over the Baltics.
And one of best parts is that you do not have to change your existing infrastructure! Our team will tailor the system to fit your company perfectly within just weeks.
Benefits? How about saving between 15-21% on inventory and warehouse services?