From Overstock to Optimisation

How Small Businesses Can Master Inventory Management Without Breaking the Bank

In an soon to be released episode of the Sustainable Leadership Series, Jennifer von Walderdorff , a seasoned consultant in sustainable fashion and supply chain management, shared invaluable insights for small to micro business owners. Her expertise in merchandise planning and predictive analytics offers a roadmap to optimise inventory management without the need for costly software.

The Overstock Challenge

Overstock is a common issue that ties up capital, inflates storage costs, and contributes to environmental waste. Jennifer highlighted how businesses globally lose over a trillion dollars due to inventory mismanagement. However, she emphasised that optimisation not only boosts revenue but also aligns with sustainability goals.

A Simple Framework for Success

Jennifer introduced a straightforward, four-step framework for inventory management that encourages efficiency across the supply chain. This approach helps businesses reduce costs by around 30% on average, improve cash flow, and align with ESG goals.

Harnessing Predictive Analytics

Predictive analytics can be a game-changer, enabling businesses to make informed decisions, reduce risks, and enhance operational efficiency. Jennifer mentioned tools like SAP Integrated Business Planning and Blue Yonder, which use AI to offer real-time supply chain visibility.

Start with the Basics

For those hesitant to invest in expensive software, Jennifer suggests starting with a basic spreadsheet template. This template allows businesses to track weekly stock sales and intake, providing a clear picture of inventory levels and helping to plan effectively for future needs.

You can access this template and many more inspiring interviews in our Sustainable Leadership Series by..

Join the Eco-Curious Community

To gain access to Jennifer's inventory management template and other insightful interviews, consider signing up for the Eco-Curious membership. This membership offers a wealth of resources and a supportive community to help your business thrive sustainably.

Ready to transform your inventory management practices and align with sustainable goals? Ready to get Eco-Curious? Take the first step TODAY towards a more efficient and eco-friendly business strategy.?

Interview premiers live on youtube this coming Friday and will be available openly for a short time...