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Selling on Amazon with Andy Isom

#360 - How to Restock Amazon FBA Inventory: Keep Your Sales Flowing without Suffering Ranking

Selling on Amazon with Andy Isom

Andy Isom | Amazon FBA Seller & Agency Founder

Amazon, Business, Amazonfba, Selling, Marketing, Entrepreneurship, Personalbusiness, Productbusiness, Ecommerce, Onlinebusiness

4.9816 Ratings

🗓️ 5 August 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

Effective inventory management is crucial for maintaining a successful business on Amazon. In this episode, I discuss how to determine the optimal amount of inventory to order. I explain the Reorder Point Formula and recommend examining reports like FBA Inventory and Restock Inventory. My key tip is to ensure you're not only reordering based on current sales but also considering future demand and peak times, including seasonal products and holidays such as Christmas.

 

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Transcript

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0:00.0

How do I know how much inventory to reorder?

0:04.0

Okay, you can use the restock inventory report that will give you, you know, a recommended replenishment quantity and a recommended ship date saying, hey, you need to get this ordered now or be on the lookout for two weeks from now to get this ordered.

0:16.0

A simple and easy to use formula that you can stick to for all of your different skews on how much

0:22.5

inventory to reorder is by using the reorder point formula.

0:33.0

What's up, guys?

0:33.8

You're listening to another episode of Selling on Amazon with Andy I.

0:37.5

So in this episode, we're going to talk about how to restock Amazon FBA inventory so you can keep your sales flowing without suffering ranking.

0:46.8

Now, the first thing that you need to do is you need to assess your inventory needs.

0:53.1

So in order to know when and how and why to restock your

0:57.0

Amazon FBA inventory, you need to know what your inventory levels are. So regularly check

1:03.3

your inventory levels, excuse me, using Amazon Cellar Central. So you can do this from the

1:09.4

Amazon FBA dashboard right here under the FBA inventory screen. So you can do this from the Amazon FBA dashboard right here under the

1:12.7

FBA inventory screen. And you can see all sorts of information about how many available units you have,

1:18.6

your inbound quantities if you have a shipment on the way, anything that's reserved in FC transfer

1:23.0

processing, unfulfillingible inventory, excess, inventory, age, all sorts of stuff,

1:30.5

including your sales summary of how many units you've been selling in the last 90 days.

1:34.4

This is a great way and you can download this report as well to really, really know what your

1:39.9

inventory levels are. The next thing you're really going to want to know is your sales

1:44.0

velocity.

1:45.6

So that's how many average daily sales you're getting. And if you have a new product launch or

1:51.4

you're just getting started on Amazon and you haven't quite reached product maturity, meaning your

1:56.7

product is still growing and still fluctuating, you're going to want to check this on a regular

...

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