If you are starting out in the field of trading, then you need to study many different aspects of the market and the principles of working in it. The same has to be done by entrepreneurs who have recently entered trading activities. One of the main components of successful trading is competent procurement planning.
Instructions
Step 1
Naturally, knowledge about market conditions and operating principles comes from experience, but, nevertheless, in order for the purchase to be successful, some rules can be applied.
So, if you have been working in the trade for more than a month, do the following. Conduct a thorough analysis of inventory and turnover over the life of your company. This will allow you to determine the optimal amount of purchased goods in each group and for each supplier.
Step 2
Taking into account the seasonality factor, adjust the amount of stocks of goods and optimize their trade turnover. As a result, you will be able to calculate the optimal delivery rhythm for each group of goods from each supplier.
Step 3
Make a plan of turnover, monthly and quarterly, for each product group. This will help you plan bulk purchases for all suppliers for future periods.
Step 4
After that, already in accordance with the prepared procurement and turnover plan, as well as taking into account the remaining expenses and incomes in the plans, draw up a budget for the movement of funds separately for each month. Do not forget to take into account all the running costs that arise in the course of the enterprise.
Finally, make a schedule of payments for each day and stick to it strictly. Adjust your plan daily to reflect changes in the company.
Step 5
Also remember that for successful procurement planning you need to define more than optimal sales, purchases, and assortment in groups. Consider the state, that is, the contents, of the warehouse as the starting point for planning. Start from the needs of the warehouse in the current period and determine the optimal volume of goods with equalization to the minimum costs for the goods. Compare your results with your budget and you will have the numbers you need to analyze.
