You know that having the RIGHT amount of inventory is crucial to your business success. But how do you know exactly what the right amount is??? Enter Demand Forecasting Demand forecasting is just what it sounds like: predicting how much demand (how many sales) … [Read more...] about Demand Forecasting
inventory
Types and Functions of Inventory
Everyone knows that having the right amount of inventory is crucial for small businesses. But did you also know that there are different types of inventory??? Rhonda didn’t… If you’re a regular PCat reader, you know that Rhonda is a retired nurse who now runs a small … [Read more...] about Types and Functions of Inventory
Inventory
You run a small manufacturing business. Or maybe you think of yourself as more of a Maker business owner or a Craftsperson. Anyway, you make things and sell them. But how do you know how many to make???? When you first started out, the answer was probably, … [Read more...] about Inventory