The inventory management How to control and use it in 2020

Even if you sell just a few items, you need an inventory management system that stores and organizes your merchandise who reflects the number of items available if you deal in lots, bulk, and other multiple item sales.

The inventory management How to control and use it in 2020
The inventory management

Even if you sell just a few items, you need an inventory management system that stores and organizes your merchandise who reflects the number of items available if you deal in lots, bulk, and other multiple item sales.

So you need some things:

1)stockroom:

you need to create a stockroom from a storage solutions can be as simple .you can lease commercial warehousing space lined with steel racks to handle larger inventory needs similar to what you see in the big box stores. The goal is to develop an infrastructure that satisfies several criteria:

  • Match the storage system to the type of items you sell. don't use expensive racks with weight limits in the hundreds of pounds to hold jewelry for example*
  • Must be dedicate a safe and secure space. Even if you need to share a room, garage, or building between your ebay business and other uses, segregate your ebay inventory by distinct lines of demarcation. don't try to prevent theft, but you don’t want to commingle your inventory with personal or other business items.
  • Think ergonomics. Design the storage system so that heavy items are accessible without any undue bending, there is enough room to provide easy ingress and egress, and safety measures are installed to prevent items falling from above.

 

2) organize ebay inventory:

your organization needs system to applied to your inventory so items can be easily and quickly stored, located, and retrieved.

  • Assign a locator system to your storage infrastructure.
  • Identify the item with the locator number. Annotate the item’s record in your software with the locator code. For example, in Turbo Lister, you have an optional Custom Label field you can use to add inventory text, or you can add the locator code to the Excel spreadsheet you’ve created. Also, print out a copy of the item’s record and keep it with the item.
  • Be discipline. Ensure that all people involved in your operation understand the system you’ve set up and that they use it all the time. efficiencies you’ve worked hard to create.

3) know how much item:

  • you only sell distinct items you probably don't need to worry about tracking quantities, but if you sell multiple items, you need to have an accurate picture of your inventory.
  • you use ebay and third party inventory or listing management software, the software will deduct your total quantity on hand by the number of items.
  • in your sales. If your system is less sophisticated, you'll need to make the changes manually and then be attentive in your bookkeeping.