1. ABC analysis method: This is a method based on the importance classification of goods.
Category A products have high sales frequency and high profit margins. It is necessary to maintain low inventory levels to facilitate quick replenishment and ensure uninterrupted sales.
Category B products have medium sales frequency and medium profit margin. Maintain appropriate inventory, monitor sales, and adjust inventory levels.
Category C commodities have low sales frequency and low profit margin. Inventory levels need to be kept low and overstocking avoided.
2. Just-in-Time (JIT) management: JIT aims to replenish inventory in a timely manner based on actual demand to reduce inventory backlog and inventory costs.
This requires establishing close cooperative relationships with suppliers to ensure that toy stores and supermarkets can accurately replenish goods and avoid inventory.
3. Economic order quantity (EOQ). Economic order quantity is the optimal order quantity determined to minimize inventory holding costs and ordering costs.
Toy supermarkets can calculate the EOQ of each product based on the sales speed and cost data of the goods, and conduct corresponding order management.
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