REPLENISHMENT CALCULATOR FOR SMALL BUSINESS STOCK REPLENISHMENT

Most SME retail businesses often face stock management problems. Some run out of stock, some overorder, and it’s hard to budget how much stock to order. Sometimes you overorder because you’re tempted by sales rep offers suggesting taking the maximum tier for the best price, but in reality, you haven’t even sold the maximum stock yet and you’ve already exceeded the credit term. You have piles of goods but the cash outflow is high, which strangles your cash flow.

If you want to buy a POS system that comes with a complete replenishment report, it’s expensive, and the SOPs are long, requiring you to remember step-by-step procedures to get precise data.

Why not simplify your work with this simple Excel template, the Replenishment Calculator? It comes with formulas used by advanced POS systems. It’s cheap, simple, compact, concise, has no extra charges, and you can edit it freely without changing the original formulas and calculation concept.

You only need to list the items, prices, and enter the sales data for the past 90 days into the Excel spreadsheet.

This Excel spreadsheet will auto-generate the data required for ordering goods:

maximum stock,

ideal stock,

minimum stock,

how long the remaining stock can last,

total COGS,

total profit to be generated for the order,

and item indicators that need to be ordered.

The benefits of this digital product are:

1. Helps to plan the budget for ordering goods

2. Reduces the risk of overstock that can affect cash flow

3. Facilitates stock monitoring

4. Reduces expenses for advanced POS systems or feature upgrade costs for access to stock replenishment

5. Reduces workload and speeds up decision-making processes for purchasing.