{"id":7462,"date":"2020-10-14T12:45:30","date_gmt":"2020-10-14T12:45:30","guid":{"rendered":"https:\/\/warehousing1.com\/blog\/?p=7462"},"modified":"2023-06-29T13:47:47","modified_gmt":"2023-06-29T08:17:47","slug":"feiertagsvorbereitungen-upgraden-sie-jetzt-ihr-bestandsmanagement","status":"publish","type":"post","link":"https:\/\/warehousing1.com\/blog\/en\/feiertagsvorbereitungen-upgraden-sie-jetzt-ihr-bestandsmanagement\/","title":{"rendered":"Upgrade your inventory management now before Christmas"},"content":{"rendered":"
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The Corona pandemic has not passed the trade sector without leaving its mark. Many companies were forced to switch to eCommerce and market their products online. According to a study by <\/span>Rakuten Advertising<\/span><\/a> that 65 % of all Germans will buy products online during the Christmas shopping season - almost 48 % of them from their mobile device. While in France and England, for example, people are saving significantly more than before, around 85 % of all Germans are not planning to cut their Christmas shopping budget. After a bumpy year, retailers have prospects for particularly high sales in the fourth and final quarter.<\/span><\/p>\n

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With the expected increase in orders, starting with the Black Friday to Cyber Monday period (BFCM), it is high time to also adapt your inventory management to the rising propensity to buy. Warehousing1 presents here the most important points that your eCommerce shop should consider with regard to inventory management for the pre-Christmas period.<\/span><\/p>\n

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The importance of a functioning inventory management<\/b><\/h3>\n

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The main goals in any inventory management is on identifying and managing critical stocks. Delivery risks should also be completely avoided. With a tight cash flow, companies must carefully consider which stock can be purchased, which in the end will not only stay on the shelves but will also be sold again quickly. For inventory planning, the so-called <\/span>abc-analysis <\/span><\/a>is therefore often used. This method determines the value of the individual stock items for the company - from A (generating the most sales) to C (generating the least sales).<\/span><\/p>\n

This classification of stocks is mostly done manually. The remedy is innovative systems that give you insight into your stock levels at any time. Dynamically optimised inventories enable you to use your financial resources in inventory planning exactly where they are needed most at the moment. At the same time, you can keep stock levels as low as possible and avoid overstocking. With Warehousing1, you also always have an overview of the most important warehouse data on our central dashboard, which gives you flexible room to manoeuvre.<\/span><\/p>\n

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Christmas time is time to take inventory<\/b><\/h3>\n

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Especially towards the end of the year, it is important to determine the actual stock level or the number of products and goods. At the latest after the Christmas business, your stocks should be back at a regular level. Stocktaking itself means a recording of all stocks as well as assets on a certain date. The determination and counting of products and goods is usually associated with high personnel costs, which is why prior planning is essential. Inventories are legally anchored in the principles of proper accounting (GoBD) and form the basis for your annual financial statements.<\/span><\/p>\n

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In general, the following three types of inventories can be distinguished:<\/span> Three types of inventories<\/span><\/a>\u00a0for inventory planning:<\/span><\/p>\n