Discover 10 types of inventory to apply to your business
Feb 22, 2024 0:49:07 GMT -6
Post by account_disabled on Feb 22, 2024 0:49:07 GMT -6
Many entrepreneurs do not realize that storage is not just one thing, and that there are several types of stock. Each one has a different use for the company that uses it. Learn how to benefit from it! Stock control is simply having a spacious place to store raw materials and goods, rigorously managing what comes in and what goes out ... Right? Wrong! The administration of this area is much more complex than this. It involves, to begin with, forecasting demand, optimizing production processes and maintaining a good relationship with strategic suppliers. Furthermore, as inventory is the center of a company's operations, it is very vulnerable to changes in the scenario. This means that there are several types of stock, suitable to deal with different situations. 92% of retailers across all segments use stock. The inventory management market in Brazil is estimated at R$10 billion, and this value is expected to grow at an annual average of 7% in the coming years, according to research by the Consumer Market, in 2022.
In this post, you learn about some of them and how each one works in your business. Check out: Click to go straight to the topic that interests you: Regular nature stock Safety stock Cycle Stock Anticipation stock Seasonal stock Lung Lebanon Mobile Number List stock Stock in transit Consigned stock Inactive/obsolete stock Regulatory stock 1. Stock of regular nature Of all the types of stock, this is the most rice and beans. It is the basic control that every entrepreneur must carry out in their company: have adequate space for the goods, forecast correct demand, calculate minimum and maximum stocks , etc. 2. Safety stock Safety stock should be present in stock control, but it is not always there. This is extra storage , whose function is to guarantee the supply of products in case of unforeseen events, such as sudden peaks in demand or problems with supplier deliveries (such as accidents and weather problems that may make certain roads impassable).
It is worth mentioning that, as important as maintaining it is, avoiding its activation is as well. After all, replacing it will always represent a cost. 3. Cycle Stock types of stock Establishments that manufacture many items, such as bakeries, can greatly benefit from cycle inventory. Imagine you are the owner of a bakery . His establishment sells, in addition to traditional French bread, good whole grains, cakes and doughnuts. This wide range of products is, without a doubt, good for making your business more competitive . After all, it tends to increase customers' average ticket, in addition to making your business more attractive than the competition (people tend to visit stores where they can buy everything). However, operationally, the story is different . It is necessary to organize labor and material resources to produce all goods. It is important to find a balance between quantity and quality: no item can be missing, but neither can there be goods of dubious quality for sale! If this is the case for you, cycle stock can be extremely helpful.
In this post, you learn about some of them and how each one works in your business. Check out: Click to go straight to the topic that interests you: Regular nature stock Safety stock Cycle Stock Anticipation stock Seasonal stock Lung Lebanon Mobile Number List stock Stock in transit Consigned stock Inactive/obsolete stock Regulatory stock 1. Stock of regular nature Of all the types of stock, this is the most rice and beans. It is the basic control that every entrepreneur must carry out in their company: have adequate space for the goods, forecast correct demand, calculate minimum and maximum stocks , etc. 2. Safety stock Safety stock should be present in stock control, but it is not always there. This is extra storage , whose function is to guarantee the supply of products in case of unforeseen events, such as sudden peaks in demand or problems with supplier deliveries (such as accidents and weather problems that may make certain roads impassable).
It is worth mentioning that, as important as maintaining it is, avoiding its activation is as well. After all, replacing it will always represent a cost. 3. Cycle Stock types of stock Establishments that manufacture many items, such as bakeries, can greatly benefit from cycle inventory. Imagine you are the owner of a bakery . His establishment sells, in addition to traditional French bread, good whole grains, cakes and doughnuts. This wide range of products is, without a doubt, good for making your business more competitive . After all, it tends to increase customers' average ticket, in addition to making your business more attractive than the competition (people tend to visit stores where they can buy everything). However, operationally, the story is different . It is necessary to organize labor and material resources to produce all goods. It is important to find a balance between quantity and quality: no item can be missing, but neither can there be goods of dubious quality for sale! If this is the case for you, cycle stock can be extremely helpful.