Understanding your inventory is a critical factor in reopening and ensuring you can meet the demands of your customers. Begin by reviewing the questions below and then the topic-specific resources.
Have you analyzed the potential demand for your products and/or services for the next 6 to 12 months?
For inventory identified as slow-moving, have you considered removing it from your product lineup?
Have you made an assessment of whether new market conditions will impact customer buying patterns?
Have you asked your customers how they prefer to buy your product/service in this new environment?