Two jars, one nearly empty: "not enough safety stock"

How to calculate your safety stock

Posted by Thomas Wong

Your safety stock and reorder point help you determine how low your stock can get before you need to order more. If you don’t reorder when you reach your reorder point, you’re likely to run out of stock. Safety stock contributes to your reorder point by accounting for things like: delays in shipping, sudden increases […]

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Inventory Management: Product Names and Product Types

Inventory management part I: names and product types

Posted by Thomas Wong

If you’re new to the concept of inventory tracking, this article shares a few basic tips on how to name your products, and set up your inventory software or spreadsheet to make it easier to track different types of items. Essentially, this boils down to carefully balancing quick human readability, while maintaining the ability to quickly sort and filter your products when needed.

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