Inventory Management 101: Tips for Small Retailers

Struggling to keep your shelves stocked and organized? Inventory management doesn’t have to be a headache. In this video, we’re breaking down 8 must-know tips for retailers that will help you cut waste, save money, and stay ahead of the competition. 💪

💌 Sign up for our Maverick newsletter to receive the latest updates, discounts, and exclusive content delivered straight to your inbox: https://www.merchantmaverick.com/subs...

🔗HELPFUL LINKS:

Best Inventory POS Systems:
https://www.merchantmaverick.com/pos-...

Lightspeed Review (our top pick for the best POS with inventory management):
   • What Is Lightspeed & How Does It Work?  

Are you a restaurant owner? Check out our Complete Guide To Restaurant Inventory Management:
   • Your Complete Guide To Restaurant Inventor...  

For more small business tips, visit:
https://www.merchantmaverick.com/?utm...

⏱️TIMESTAMPS:
00:00 - Intro
00:31 - Track inventory in real time
00:59 - Use a POS with strong inventory tools
01:32 - Set par levels & reorder points
01:54 - Conduct regular cycle counts
02:09 - Use ABC analysis
02:33 - Track inventory KPIs
02:56 - Streamline your supplier process
03:21 - Don't forget about ☠️ stock
03:51 - Outro

📹CREDITS:
Video editing: Robert Ferenc
Music & stock footage licensed through Envato Elements

__________
👋Say “hi” on social:

  / merchantmaverick  
  / merchantmaverick  
  / merchant-maverick  
  / merchantmav  
  / merchantmaverick  
  / merchantmaverick  

Disclosure: This video contains affiliate links. Merchant Maverick may receive a commission from clicks to these links. Note that we never accept payment for positive reviews. Learn about how we maintain editorial integrity while earning commissions here:
https://www.merchantmaverick.com/edit...