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Epilon, LLC Posts New Inventory Management Training Video for Ecommerce Sellers Specializing in the Greatest Practices and Limitations of Utilizing the EOQ for Order Dimension.
— Michael Weir, ESQ., CPIM, Founding father of Inventory Boss
COEUR D ALENE, ID, UNITED STATES, July 18, 2023/EINPresswire.com/ — Epilon, LLC is happy to announce the discharge of the ultimate coaching video on subject of the Financial Order Amount (EOQ) by The Inventory Boss. This third in a mini-series of three movies devoted solely to the EOQ, this video is a component of a bigger collection of YouTube coaching movies hosted by Michael Weir, CPIM, and founding father of Inventory Boss, and gives ecommerce sellers with important insights and methods to optimize their stock administration practices. With the discharge of this video, Inventory Boss continues to empower ecommerce entrepreneurs with useful sources to drive enterprise progress and maximize earnings.
Within the video titled “The EOQ: Greatest Practices and Limitations,” Michael Weir, a famend professional in stock administration, dives deep into the ideas, calculations, and sensible functions and limitations of EOQ. Sellers will achieve a complete understanding of the right way to stability ordering prices, together with delivery, with storage charges to attain optimum stock ranges and enhance profitability, in addition to one of the best practices and limitations of the EOQ.
“We’re thrilled to launch this new coaching video on EOQ,” mentioned Michael Weir, CPIM. “That is the third and last video of our mini-series on the EOQ. Many ecommerce sellers stumble throughout the EOQ when looking out on-line for stock administration data and discover it complicated. So, I’ve taken the time to create a mini-series in regards to the EOQ and the right way to finest use it in your stock administration course of. Inventory administration is a important facet of operating a profitable ecommerce enterprise. By leveraging the EOQ, sellers could make knowledgeable selections that can optimize their stock order sizes in a method that can stability their order prices (together with delivery) with their storage charges.”
The video explores methods of utilizing the Complete Value Curve “Vary” within the EOQ to make ordering selections regarding container sizes. The spreadsheet that comes with this coaching (within the Inventory Boss coaching course) helps sellers optimize the capability of their delivery containers. Michael Weir gives useful insights into the sensible makes use of of EOQ and its widespread adoption throughout industries, highlighting the enduring relevance of this stock administration approach.
Furthermore, the video delves into the calculation methodology of EOQ, explaining how ecommerce sellers can make the most of key variables such the Complete Value Curve “Vary” to calculate the optimum order dimension. Michael Weir demonstrates varied sensible examples and shares finest practices to assist sellers implement EOQ successfully of their companies.
Nevertheless, the video does remind the viewer of the constraints of EOQ. The video addresses the challenges related to the assumptions made within the formulation, comparable to uniform demand and fixed pricing. Michael Weir gives steerage on how sellers can account for these limitations and adapt EOQ to real-world eventualities.
Epilon, LLC is devoted to supporting ecommerce sellers with its progressive stock administration options. The Inventory Boss program combines a world-class coaching course with a state-of-the-art SaaS platform, offering sellers with the instruments and data they should maximize earnings by correctly balancing their enterprise capital when making stock purchases.
The Inventory Boss is launching in August 2023. At the moment, Epilon, LLC goes to a chance for ecommerce sellers to entry the whole coaching course and software program answer at a particular value. For simply $10, sellers can make the most of a 30-day trial, gaining useful insights and sensible examples to optimize their stock administration. Following the trial interval, a subscription of $99 per thirty days gives full entry to the excellent multi-channel stock administration software program and coaching course.
About Michael Weir, CPIM:
Michael Weir is a extremely skilled ecommerce vendor and an authorized professional in Planning and Inventory Management (CPIM). With a background in finance and sophisticated litigation, he brings a singular ability set to the world of ecommerce. By his firm Epilon, LLC, Michael is devoted to serving to sellers maximize their earnings within the aggressive ecommerce panorama by way of the Inventory Boss program.
Michael Weir
Epilon, LLC
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Inventory Management Training for Ecommerce Sellers | Inventory Boss Posts New Video on Utilizing the EOQ | Greatest Practices & Limitations.

Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.