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Chapter 8. Step Six: Find and Manage You... > Managing Your Inventory Levels

Managing Your Inventory Levels

Once you find a source for merchandise, you now have the challenge of managing your newfound inventory. That means determining how much to buy and when to reorder.

Ordering the Right Quantity

It's tough to establish how much merchandise to order, especially when you're first starting out. The problem is amplified when you have to order large quantities of an item, or qualify for a larger discount the more you order. It's tempting to shoot the moon to get the best possible price, but that's sometimes a dangerous strategy. It's also problematic if your storage space is at a premium; you certainly don't want to order more stuff than you have room for!


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