Inventory Forecasting
Use real sales to set a reorder point, place purchase orders on time, and size each run so it sells before it reaches your minimum remaining shelf life.
The capital plan in Phase 1 found your first reorder point from estimates. Once you're selling, real weekly sales replace the estimates, and reordering becomes a routine: know how many weeks of stock you have, know how many weeks the next lot takes to arrive and clear testing, and order before the first number drops below the second.
This module sets a reorder point from your own sales, a weekly check against it, and a run size that fits between your manufacturer's minimum and the most you can sell before each lot reaches your minimum remaining shelf life.
What this module covers
- 1Measure Weekly Sales in Bottles
- 2Add Up the Full Lead Time
- 3Set Safety Stock Against What Can Go Wrong
- 4Size the Run Between Two Limits
- 5Check Weeks of Cover Every Week
- 6Recheck Stock Before You Scale Ads
- 7Count Subscriptions as Committed
The full module is in The Foundry
The Foundry opens early January. Join the waitlist to hear first, and read the free lessons in the meantime.