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Merchants and Trade
This group is intended for those associated with businesses involved in trade of tangible, physical products. Internet companies need not enter.
Network Leader: Mehul Kar
Mehul Kar
How does your company balance inventory levels with orders? Do you order first and then sell? Or sell first then order? What are the ups and downs to either method?
Andrew Hill:
I've done both in the past. The sell first then order can be great, unless there are issues with the order, then it becomes a nightmare to say the ...MoreI've done both in the past. The sell first then order can be great, unless there are issues with the order, then it becomes a nightmare to say the least. Order then sell is a bit riskier since you don't know precisely how quickly they'll sell. With this in mind my preference is smaller orders more frequently, so I am not sitting on product, and if I begin sitting on product I can put it on sale and get rid of it quickly.
67 weeks ago
67 weeks ago
Azhar Hafiz
hi,
anyone interested to export to Singapore?
Mehul Kar created the group Merchants and Trade
73 weeks ago
