How much stock to buy

Too little stock and you miss sales. Too much and your cash is stuck on the shelf. A simple rule based on what you sell each week helps you buy the right amount.

If stock small, you go miss sales. If e too much, your money go hook for shelf. Simple rule based on wetin you dey sell every week go help you buy correct amount.

Do it in 4 steps

1. 1
   Count weekly salesFor each product, how many sold in the last four weeks, divided by four.
2. 2
   Know your lead timeHow many weeks from ordering to having it in hand.
3. 3
   Set a reorder pointWeekly sales × lead time, plus one extra week. Reorder when stock falls to that number.
4. 4
   Clear slow stockIf something has not sold in 60 days, bundle it or discount it, and don’t reorder.