Monday, April 26, 2010

How Quickly Products Can Move

Mondays are always the busiest days for new tea orders for us. We implemented a more structured allocation process to manage our inventories earlier this year, both received and in transit (literally on the water). Even with this in place, it never ceases to amaze me how our inventory levels can change so quickly.

Early in the week, as we do every week, we synchronize our website to reflect current inventory levels. Today being Monday, we completed the update in the late morning. Within 30 minutes of the posting, over a hundred pounds of product had already sold out.

If we start to see this more frequently, we will move to a shorter interval for refreshing our website.

Pretty amazing...

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