Preventing unsalable products is crucial to the survival and development of traditional enterprises. If a company has a large number of unsalable products in its warehouse, it will directly cause the company to lose high net profits. With the strong support of Zhilang Marketing General Manager Gong Yongjun, Youxingsha, a traditional chemical manufacturing company, achieved unsalable products in just one year, saving the company a lot of costs and doubling its net profit. How do traditional companies prevent products from becoming unsalable? Gong Yongjun gave a suggestion
1.
Shorten quarterly, monthly, and weekly safety stock inspections to daily
In cooperating with a large number of traditional enterprises, Gong Yongjun learned that many enterprises conduct inspections The inventory cycle is long, as small as a week, as long as a month, or even extended to a quarter, causing the inventory to pile up like a mountain, products cannot be sold, the money cannot be withdrawn, and the business operation gradually falls into a dangerous whirlpool. . In the process of promoting the transformation and upgrading of a large number of traditional enterprises, Gong Yongjun set standards for daily inspection of safety stocks for enterprises, requiring the person in charge of the enterprise to conduct daily inspections in order to prepare a stocking plan for the next working day. Only by following up regularly can we better avoid the occurrence of slow-moving inventory.
2.
Not all products are subject to the same standard, classified and treated differently
A manufacturing company cannot have only one product, and some companies even have different models of the same product. The targeted customers and corresponding markets will be different, which determines that the sales volume of all products is different. Therefore, for the daily inspection of safety stock, all products cannot use the same standard, and a quantitative range must be used to define which Products and which models are hot-selling products, and which products and models are non-hot-selling products. For example, Gong Yongjun, general manager of Zhilang Marketing, has a line for cooperative companies to define hot-selling products and non-hot-selling products in tons, and use this quantified Standard setting of safety stock levels.
3.
Establish safety stock standards
If you stock too much stock, the inventory will be unsaleable. If you stock less stock, the supply will not meet customer demand. Developing an appropriate stocking plan is the key to preventing unsaleable inventory. . Gong Yongjun, general manager of Zhilang Marketing, defines hot-selling products and non-hot-selling products based on quantity for Youxingshark, and stipulates that the safety stock amount of hot-selling products on that day is *% of the warehouse shipment quantity in the previous month, and the adjustment range is between (%% (Depending on the shipment status of trial orders), the safety stock quantity of non-hot-selling products on that day is *% of the warehouse shipment quantity in the previous month, and the adjustment range is (depending on the shipment status of the order between % and %), in order to standardize product production, Prevent products from becoming unsalable.
Therefore, in order to prevent unsalable products, daily safety inventory inspections must be carried out and implemented quantitatively according to standards. Only in this way can the implementation be thorough and prevent the occurrence of unsalable products.
How do traditional companies prevent products from becoming unsalable? Zhilang Marketing Gong Yongjun has 3 tips