Count a few products a day, never close the shop, and still count every line several times a year. The rota formula, the corrected accuracy formula and a worked pharmacy example.
How to write an inventory SOP your staff will follow, with a template of six one-page procedures you can copy and a worked example of what one missed step costs.
Reorder quantity answers how much to buy, and the popular formula answers a different question. Here are four methods compared, worked in rand, rounded to the case.
What an ERP does for stock that a POS ledger does once a month, worked through one month in rand, with a 20-point checklist marked for what ArmPOS covers and when a small business needs an ERP.
A central store in Kampala and four branches, worked in shillings: holding the safety stock back saves 21.8% with a van every three days, and 7.1% with a weekly one.
Every entry stock makes in the books, worked through one month of a Nairobi shop in Kenyan shillings: buying, selling, returns, damage and the count, under perpetual and periodic records.
What a supplier sold to its shops against what they sold on: the gap worked for a Nairobi distributor and five shops, the late-payment warning it gives, and when sell-in isn't revenue yet.
Six ways to get orders to customers, compared on who holds the stock, who delivers and what each order costs. A Kampala shop's break-even worked out, and the questions to ask a courier.
Selling goods you never stock, honestly. A Nairobi order worked line by line, who dropshipping suits in Africa and who it doesn't, how to vet a supplier, and when to start holding stock.
Stockout cost is the profit a gap takes, not the price of the missing item. Here is the formula, a worked TZS example, and how to decide which products deserve a bigger buffer.
A stockout is having none of a product when a customer wants it. Here is the stockout rate formula four ways, and why your best sellers' rate is the one to watch.
One delivery of school shoes in Kampala, worked by size and colour: the formula, the target your own cost and price set, the week-4 check, and next season's order.
