Chapter 4

Is a full store room safety, or frozen cash?

Kho đầy là yên tâm, hay là tiền chết?

The chapter's question

How much of my money is sitting in the storeroom right now?

Big idea

Stock in the storeroom is money spent but not yet sold, and some of it will never sell.

In this chapter

  1. Part 4.1

    How Often You Count

    How many times a month do I count stock, and who counts?

  2. Part 4.2

    The Oldest Item

    What in my store has been sitting there more than thirty days?

  3. Part 4.3

    Reorder Points

    Does each main ingredient have a reorder threshold, or do I order when it looks low?

  4. Part 4.4

    Recording Spoilage

    Is my monthly spoilage recorded anywhere?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of The People Who Sell to You is free to read right here.

Read in Conan School

Chapters of The People Who Sell to You

  1. 1.Do I really know what I'm buying, and from whom?
  2. 2.Does haggling harder actually get me a better price?
  3. 3.Is money lost in the deal, or at delivery?
  4. 4.Is a full store room safety, or frozen cash?
  5. 5.If my supplier fails tomorrow, can I still open?