It’s that time of year when you start to plan the additional stock that you will need for the busiest part of the year – if you’re wondering how on earth you are going to fit all of the additional stock you need into your current space our business storage in Brentwood is your solution.
6 Tips to help manage your seasonal inventory:
1. Study trends and predictions for the season ahead
Use google trends to try and make predictions for what will be the most popular products in the season ahead. Predicting seasonal shifts will help you to plan out you required inventory.
2. Look back at your data to help you forecast your requirements to avoid stockouts
This is one of the most helpful and important steps you can take – by looking back at your past sales and data you can make some clear and informed decisions on which items you need to increase stock on to avoid stockouts.
3. Focus on your bestsellers
We know it’s hard to predict exactly what stock you will need, but one thing you can be sure of is that you want to avoid stockouts of your bestsellers. Do an audit of your bestsellers from the past year and it can be helpful to look back further than this, to see if any of the trends will have an impact on your current bestsellers and factor this in.
4. Make a plan
Now you are armed with data, it’s time to make a plan. Work out which lines you are going to prioritise and make an estimate on how much extra stock you need to acquire.
This formula is a useful tool:
5. Contact suppliers early
Now you have a plan in place, get organised with contacting your suppliers and arranging delivery dates. Lead times make come as a nasty shock, especially during the busiest months of the year, so start contacting your suppliers early and factor lead times in to your planning, always with some extra contingency.
6. Make your fulfilment as seamless as possible
When you receive your stock, it’s time to get organised! Organise your stock into categories and if possible group bestsellers together so that they can be quickly accessed.
Get organised – labelling can be a god-send when you have to quickly fulfil orders, so map out your storage unit logically and use racking in order to create an organised layout.
Here to help your business grow
One of the major benefits with our storage Brentwood is that we only ever offer flexible contracts – meaning we work with you and your business needs throughout the year.
We understand that your stock can fluctuate, so even if your stock predictions don’t quite come true, we can help you either upgrade to a larger unit or downgrade to a smaller one.
If you wish to leave your unit completely all we need is 14 days notice – we are here to help you and help your business grow.
Our 5*-rated team are happy to help!
Our 5-star-rated team love to help our business customers, they are there during office hours to take in any deliveries that may arrive for you.
They will take them in and keep them safe until you are ready to collect when you next visit your storage unit.
Our accessible locations also mean that you won’t have to drive far to get to your unit and there is easy access for large vehicles to deliver your stock.
Keep your stock safe and secure
Our business customers feel confident that their stock is safe and secure with us, our storage in Brentwood has the highest security measures in place.
With 24/7 CCTV around the entire facility you can rest assured that your stock will be safe with us. Get in touch today – call us on
01277 715 079 or click here for more information.