Tune in to this podcast episode where Gianmarco Meli sits down with David and Ryan, founders of Davan Strategic, to discuss their proven process for keeping inventory in check and never running out of stock. Learn about their game-changing new tool, Stock Flow, that can automate inventory management, providing a quick overview of inventory location, breaking down stock flow, and updating information weekly. Next, discover the importance of calculating the cost of inventory at different places in the supply chain, negotiating with suppliers to store products for free, and using third-party logistics (3PL) companies to save on costs. Make sure to avoid making the same supply chain management mistakes as others by not optimizing packaging size, misunderstanding which fees associated with each part of the supply chain, or ignoring inventory control once products are sent to Amazon. Finally, learn how PPC and organic rank can help you accurately estimate sales velocity and determine the right amount of inventory to send to Amazon FBA and other supply chain locations.
Here’s a breakdown of what to expect in this episode:
- David and Ryan, founders of Davan Strategic
- The Stock Flow tool for automating inventory management
- Procedures for calculating inventory needs and recurring tasks
- Best practices for cost-effective inventory management, including negotiating with suppliers and using 3PL companies
- Common mistakes in supply chain management, including not optimizing carton and packaging size and underestimating the importance of inventory management.
- And so much more!
Download “Stock Flow” by DAVAN Strategic, and begin your journey to systemize your inventory management! (Clicking the button below and find it on the homepage)
About David and Ryan:
David and Ryan, two Canadians currently living in Munich, have been Amazon Sellers since 2020. David is an airline pilot and flies the Airbus A350 all around the world, while Ryan has a background in molecular biology working on cutting-edge RNA technology.
Despite having no previous experience in Ecommerce, they were able to scale their business to 7 figures in less than 2 years. Along their journey, they relied heavily on their individual strengths in developing SOPs and implementing checklists (aviation), as well as data analysis and experimentation (science). David and Ryan recently sold their business for several million dollars and now aim to help others scale their own businesses. Together they co-founded DAVAN Strategic and offer coaching and strategic planning for other sellers. They also host the DAVAN xChange – a free regular meet-up for members of their Facebook group.
Connect with David and Ryan on…
Connect with Gianmarco!
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