Inventory strategy for startups

Business
1

Hello!

I’m curious if there’s a nice way for startups to stock inventory. Like some business model on how to start really small and then increase if the item sells well based on factor X and X and X and so on?

Thanks!

2

My strategy has always been to begin with the smallest order amount the supplier allows (which is often a very flexible number) and gradually work my way up. Normally it’s a far better problem to be faced with stock shortages of products you can sell rather than stock surplus of items you can’t sell. There’s a temptation sometimes to want to order big to look big but it’s a dangerous temptation!

3

Thanks a lot man :slight_smile:

4