Wholesale and Retail business focus on importing products from a number of manufacturers or downstream wholesalers in bulk. They then repackage this into smaller quantities of a size that their customers want to purchase. They make their money from a markup on the price they pay for the product they purchase. Profit Savvy tools likely to be particularly relevant to wholesalers / retailers are gathered here.
Much of the profitably of these businesses is determined by their management of inventory; buying at the right price, stocking the right volumes and so on.
This group brings together some relevant Profit Savvy tools covering inventory management.
Cost of Over and Under Stocking Recipe : looks at the cost to the business of running out of product and of having too much product.