Good inventory management means knowing what sells, keeping the right amount of stock, and freeing cash tied up in dead stock.
Too much stock ties up your cash; too little means lost sales. Good inventory management keeps the balance right. Here are simple habits that work for shops, traders, and manufacturers in Pakistan.
Know what sells and what does not
Track which products move fast and which sit for months. Keep more of your best sellers and reduce the slow ones. This single habit frees up cash and space.
Set reorder points
For each key product, decide the stock level at which you reorder. This stops you running out of popular items and avoids panic buying.
Clear dead stock
- Discount slow items to recover cash
- Bundle them with best sellers
- Stop reordering products that never move
Use a simple system
Even a basic spreadsheet or a low-cost app beats guessing. Record what comes in and goes out so your numbers are always accurate.
Count regularly
Do regular stock counts to catch theft, damage, or errors early. An operations consultant can set up an inventory system that fits your business.
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