Ceo Warrior Podcast With Mike Agugliaro

Inventory Management For A Profitable Service Business

Informações:

Synopsis

Mike Agugliaro and Stephanie discuss the four pillars of success when it comes to inventory management and breakdown a number of strategies you can use to manage your inventory so you can keep growing your business. Learn about product standardization, vendor consolidation, order frequency, replenishing, and improving productivity overall. Main Questions Asked: What are some of the biggest problems contractors deal with when it comes to material? What is the first conversation you have with potential partners? What does vendor consolidation mean? How does the inventory management process work? Key Lessons Learned: Inventory Management When you deliver amazing value, and a really great product, and you get it done in a reasonable time, what pops out is profit. When you deal with any inventory, there is always going to be a problem. Unaccounted inventory is a major issue along with dead inventory and forecasting what you need to bring in. Unaccounted inventory may also be a nice way of saying theft. As contr