How Much Inventory Should I Buy?

<p>How much inventory should I be buying for a store the size of mine?&nbsp; Buying inventory is easy&mdash;buying the right amount of inventory at the right time is a bigger challenge. It&rsquo;s no secret that retailers in the music products industry often suffer from having too much inventory on hand.&nbsp;There a variety of reasons for this situation, ranging from the vast number of stock keeping units (SKUs), to vendor purchase requirements for coveted product lines.&nbsp;But most high inventory levels result from both a retailer&rsquo;s love of product and a lack of understanding of the key tools and measurements used in effective inventory management.</p> <div>&nbsp;</div> <div>Accordingly, most music retailers&nbsp;begin to&nbsp;address cash flow issues by asking a simple, yet important, question: How much inventory should I buy?</div> <div>&nbsp;</div> <div>Watch this video to&nbsp;start learning the basics of good inventory management by first determining how much inventory you should be buying.</div> <p>&nbsp;</p>