Riduci al minimo il tuo magazzino!

This video is about inventory, and I'll explain in detail how to reduce its volume. Remember, every additional euro in your inventory means one less euro in your bank account. And, conversely, every less euro in your inventory means one more euro in your bank account. So, let's look at the factors that influence inventory volume, so you can control and reduce it. The first is suppliers, specifically their minimum quantity requirements. The higher they are, the more orders you'll need to place to fill your warehouse. But there's also another aspect: their delivery speed. The faster the supplier, the more you can afford to keep your inventory low without the risk of running out of stock. The second factor that influences your inventory level is its characteristics, specifically the number of SKUs. The number of items you have in stock determines its size! The opposite applies to minimum inventory: the higher it is, the higher your inventory will be. The minimum inventory level can be calculated by simply multiplying the minimum stock by the number of products. The final factor concerns the level of computerization. This is often overlooked, but it would greatly simplify inventory management and help you keep its value low. The third factor concerns customers. Customers influence your inventory levels primarily through market predictability. The more predictable market demand is, the more you can predict what to stock with near-zero certainty that it will be sold, thus avoiding the risk of accumulating unnecessary inventory. Finally, there's the speed of delivery required by the customer. The longer they're willing to wait, the more you can buy on order; conversely, you need to build up inventory and therefore increase the stock level in your warehouse. Now that we've looked at the factors, let's look at possible strategies for reducing inventory levels. For suppliers, the strategies are: • Reduce minimum batch sizes • Demand faster delivery times (for example, just-in-time, min. 5:00) • Pass on inventory costs to the supplier through dropshipping (min. 5:40) To directly influence the warehouse, you can: • Reduce the number of SKUs • Reduce minimum stock • Computerize it as much as possible Finally, for customers, you can: • Improve market forecasts • Increase delivery times by producing to order (like Ferrari, see min. 8:25) • Pay attention to when the customer passes on inventory costs to you through consignment or dropshipping (min. 9:20) That's all for this video! Thank you for watching, and please subscribe to the YouTube channel to be notified every time a new video is released. I also remind you that you can download the first chapter of my book, "Numbers Don't Lie," for free by clicking this link: https://www.numerium.it/capitolo-gratis/ Or purchase it directly by clicking this link: https://www.numerium.it/numeri-non-me... Happy reading! Claudio Cerutti