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HomePress ReleaseEIN PresswireInventory Management Video for Ecommerce Sellers

Inventory Management Video for Ecommerce Sellers

The EOQ Formulation is simple to calculate in Excel

The EOQ - Scary to look at... Easy to use.

The EOQ – Scary to have a look at… Simple to make use of.

Calculating the Total Cost Curve | EOQ

Calculating the Complete Value Curve | EOQ

The best way to optimize stock order sizes and stability holding prices in ecommerce stock administration. A brand new video by Michael Weir, Founding father of The Inventory Boss.

Aside from the vendor’s forecast, the EOQ is used to confirm that the order dimension is perfect stability between the prices of the order (together with transport) and the storage charges…”

— Michael Weir, ESQ., CPIM, Founding father of Inventory Boss

COEUR D ALENE, ID, UNITED STATES, July 18, 2023/ — Epilon, LLC is happy to announce the discharge of a brand new coaching video by the Inventory Boss, the main on-line stock administration coaching system for ecommerce sellers, as a part of their YouTube video coaching collection. The video, titled “The EOQ – A Deeper Dive,” is the second video of a three-video mini-series that gives complete insights into using the EOQ in stock administration. Led by Michael Weir, a famend professional in stock administration and Licensed in Planning and Inventory Management (CPIM), this video equips ecommerce sellers with the information and instruments to optimize their order sizes and successfully stability prices.

On this new video, Michael Weir guides ecommerce sellers by way of the evaluation of the Complete Value Curve and Financial Order Amount (EOQ). By understanding these ideas, sellers can decide the vary of acceptable order sizes that strike the best stability between order prices, together with transport, and storage charges. This analytical strategy permits sellers to make knowledgeable choices and maximize their earnings by minimizing pointless bills and guaranteeing environment friendly stock administration. That is a part of the 8-Step Inventory Management system that makes up the Inventory Boss.

Michael Weir, CPIM, Founding father of Inventory Boss, expressed his enthusiasm in regards to the new video, saying, “Analyzing the Complete Value Curve and EOQ is a crucial for ecommerce sellers to take when figuring out order dimension. Aside from the vendor’s forecast, the EOQ is used to confirm that the order dimension is perfect stability between the prices of the order (together with transport) and the storage charges represented by the dimensions of the order. It empowers the vendor to make data-driven choices, optimize their order sizes, and obtain a aggressive edge out there. Our aim with this video is to offer sellers with sensible information that straight impacts their backside line.”

Epilon, LLC can also be happy to announce the launch of the Inventory Boss coaching program and software program resolution on August 25, 2023. This complete program combines the web stock administration coaching course with a state-of-the-art software program resolution, which can train and implement the perfect practices of stock administration, permitting ecommerce sellers to excel in stock administration throughout a number of channels. A subscription to the Inventory Boss coaching program gives sellers with entry to the whole course, full with spreadsheet examples and a multi-channel stock administration software program resolution particularly designed for the ecommerce enterprise.

Through the preliminary launch interval, Inventory Boss will provide a 30-day trial of the total coaching course and software program resolution for $10. After the trial interval, sellers can proceed their subscription at $99/month, getting access to a complete stock administration software program resolution.

Epilon, LLC and Inventory Boss assist ecommerce sellers achieve a “greatest practices” stage of competence for managing stock by offering superior coaching and software program options. Led by Michael Weir, an ecommerce professional with a background in finance and sophisticated litigation, Inventory Boss is at present the one stock administration coaching course designed particularly for the ecommerce vendor.

About Epilon, LLC: Epilon, LLC is a number one supplier of stock administration options, catering particularly to ecommerce sellers. Led by business professional Michael Weir, the corporate goals to empower sellers with the information and instruments required to thrive within the aggressive ecommerce panorama. By the Inventory Boss program, Epilon, LLC affords a complete coaching course and state-of-the-art SaaS resolution that revolutionizes stock administration for ecommerce entrepreneurs.

Michael Weir
Epilon, LLC
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Inventory Management for Ecommerce Sellers | Analyzing the Complete Value Curve and EOQ to Optimize Order Sizes | Inventory Boss Coaching for Ecommerce Sellers


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