Inventory Control

 
 


Having the right products in inventory at the right time ensures that money is not tied up in excess inventory. It also allows you to have what is needed to provide a product or service to customers.

The types of inventory items to consider are:

  • Consumables like office supplies and janitorial needs
  • Raw materials ready to use for the purpose of producing a product or service
  • Work in progress or inventory of unfinished products
  • Finished products ready for sale

Each one of these inventory categories can be broken down by value to help you manage capital investment in each area. Consumables in most cased will not impact sales, but a lack of inventory in the other categories could make an impact on sales.

Keeping a set amount of inventory can be a way to protect against unforeseen problems with supply and demand.

Key questions to help decide how much stock you should keep:

  • How reliable is the supply and are alternative sources available?
  • Are the components produced or delivered in batches?
  • Is the price steady or does it fluctuate?
  • Are there discounts if you buy in bulk?

See The Savings

 

Member BenefitU.S. Chamber members will receive a $10 gift card when they sign up for or renew an existing Sam's Club® Business Membership by December 31, 2010. Click here to access the certificate. For more information, call 800-726-7258.

 

Find the Sam’s Club nearest you
You can shop 7 days a week with business only hours in the morning.

 
 
 
  • Your Small Business

    Toolkits

    Printing and Shipping

    Take advantage of the Printing & Shipping Toolkit sponsored by FedEx to help grow your business.

     
  • Your Small Business

    Toolkits

    Purchasing & Inventory

    Take advantage of the Purchasing & Inventory Toolkit sponsored by Sam's Club to help grow your business.

     
  • Your Small Business

    Toolkits

    Online Solutions

    Take advantage of the Online Solutions Toolkit sponsored by IWS to help grow your business.

     
  • Your Small Business

    Toolkits

    Sales and Marketing

    Take advantage of the Sales and Marketing Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    For Employers

    Take advantage of the Employer Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Government Contracting

    Take advantage of the Government Contracting Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Start Up

    Take advantage of the Start Up Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Finance

    Take advantage of the Finance Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Insurance

    Take advantage of the InsuranceToolkit to help grow your business.

     

Join Us Today

Joining the U.S. Chamber of Commerce is an easy choice to make and an investment that begins to pay off right away.