master inventory replenishment: the fba sellers guide to inventory management
TRANSCRIPT
• Excess Inventory
• Stock-outs
• Replenishing Inventory
• Forecasting Best Practices
• New Product Orders
Sections
3 Days vs. 1 Day Per Month
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
3 Days/Month 1 Day/Month
3 Days / Month 1 Day / MonthProfit / Day $200 $200
Missed Profit / Month $600 $200
Total Profit* $64,800 $69,600
$4,800
*Assumes 30 days per month
Stock-Out Example
http://bit.ly/prosper-forecasting
Simple Example
• Safety Stock• Reorder Point
• RP = Safety Stock + (Lead Time * Velocity)• Days Until Reorder
• DUR = (Current Inventory – Reorder Point) / Velocity• Number of Units
• Units = ((# of Days + Lead Time) * Velocity) + Safety – Current – Inbound
bit.ly/jungle-forecastingEXCEL TEMPLATE
bit.ly/jungle-forecastingEXCEL TEMPLATE
Excel Replenishment Tool
• Options• Differences
• Time is money!• Real-time Data
• Velocity• Profit• Inventory Quantities – Fulfillable/Reserved/Inbound
• Typos (one number can throw everything off)• Safety Stock• Stock-out Days• Promotional Order Exclusions• FBM Data Incorporated (i.e. Shopify)• History (Graphs)
Amazon/Excel vs. Software Tool
Initial Order Excel Tool
bit.ly/jungle-forecastingEXCEL TEMPLATE
