Inventory Control Tips
Here are some tips to help you properly control your inventory levels.
1. Stock up on items when they go on sale; this will reduce the cost of your inventory and will give you a hedge against inflation. Reminder: Be sure to check the expiration dates! 2. Don't stock more than you need of an item which never goes on sale; just buy what you need weekly. Tip: Check to see if there are any coupons available first. 3. Combat spoilage and waste by tying the purchase of sale items to their rates of consumption (more on this next). 4. Avoid overspending by carrying a list of the lowest everyday prices on the items you buy most often. 5. Keep your storage areas organized to avoid unnecessary purchases and to avoid running out of an item. 6. Don't buy an item just because you can get a good deal on it. Carefully consider why you are buying it and how you will use it. NEXT: Consumption |
Food Facts
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