Career Questions and Answers
How important is inventory to a salesman and how do you apply it?
Asked by Invasion
I mean stock control etc... as it is important to understand what to advice to an inventory manager in order to save them money.
A:
Best Answer:
buy low sell high man, what else do you need to know lol
A:
What you have, how much it cost to buy, how much to sell it for.
Multi office depots, where it is
Production times
PLU
Answered by rory w
A:
Make sure no stock is being lost to theft.Enable you to tell quickly if you have something in stock to sell.Check how fast you're turning your stock over.VERY important!
Answered by SKINNY
A:
In my experience Salesmen (and service engineer managers) only seem to be concerned about inventory when it isn't there to meet their needs and they would always want to have more inventory (which isn't their responsibility) than really necessary just in case it's needed. A good inventory manager should know, or find out if he (or she) isn't sure, what inventory he needs to support manufacturing, sales & service in his region. I'm sure that any useful advice that a salesman could offer would be appreciated but as an example when our sales team said they could sell 400 of a product, stock control provisioned for 200, Sales only managed to sell 100!
Answered by Andrew G
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