Episode 212 - Making Smart Supply Chain Decisions and Understanding the State of Inventory Planning With Luminous
Under and overstocking? Wrong supply chain decisions can directly affect your bottom line.Yes, inventory management can be painful - especially if you’re not using the right tools. For small brands signing up for enterprise tools, it can feel like using a sledgehammer to a tiny nail or a bazooka to kill a single fly. Effective inventory planning is essential for businesses to balance customer demand, optimize cash flow, minimize costs, streamline operations, and adapt to market dynamics Learn what tools are fit for your business, what modern Ecommerce brands are, the supply chain struggles, why inventory systems are so hard to implement, and a lot more with your Smartest Amazon Seller host, Scott, and the Founder and CEO of Luminous, Jared Ward. Episode Notes: 00:30 - Jared Ward Introduction 03:00 - The Pain For Inventory Tool 04:35 - What Is the Modern E-commerce Brand? 07:25 - Challenges of Committing to NetSuite 12:45 - Future Inventory Challenges To Be Solved 15:10 - The Flexibility of Luminous 16:10 - What Types of Clients Fit perfectly with Luminous? 17:10 - Is Luminous for Everyone? LinkedIn: https://www.linkedin.com/in/jared-ward-bb96a115b/ Website: https://www.joinluminous.com/ YouTube: @joinluminous Instagram: @joinluminous Related Posts: An Amazon Seller’s Guide to Liquidating Inventory