Inventory Management and Distribution Systems

In this episode of Ask Christina 1st, Christina focuses on inventory distribution and your systems around your inventory. In particular, Christina talks about products that require a form of production which can include anything from t-shirts, books to doggie treats and pencils. Once you have decided as a business owner to sell products, a system needs to be set in place in order to make sure those products are in rotation as they need to be. A system will help you figure out what the cost is to make this product and how long of a shelf life it has. Now, in this fast past world we live in, developing products is much easier than it used to be however, there are still ways in which a product could be aiding in you loosing money instead of making money. In this episode you will learn: 1. What are the necessary steps in developing a system for your products? 2. What is the best way to organize and maintain a rotation system for your products. 3. What are the best ways in making sure the products you are selling are making you money. Although this episode is focusing on physical products, please keep in mind that a service can also be a product. You can apply the same information towards the services you offer your clients. Products are an incredible way to make money and express your expertise, however a proper system will save you lots of money and time.