Reduce Spoilage and Boost Profitability from Perishable Orders
Herlitz Inventory Management
JULY 15, 2020
There’s a fine line between lost sales and spoilage. Here’s how to find it. Buying the correct amount of inventory requires a fine balance between ordering enough inventory to support demand without overbuying. Solving this problem is much easier said than done, especially without a strong purchasing system that understands the challenge of stocking perishables. However, the margin for error varies for different products. Perishable buyers specifically have a far less wiggle room than CPG buyers.