Key takeaways A SKU (stock keeping unit) is the internal code you assign to each sellable product and variant to track it, and you

Key takeaways A minimum order quantity (MOQ) is the smallest quantity a supplier will sell in a single order, and the supplier sets it,

Key takeaways Inventory aging tracks how long each SKU has sat unsold, usually in day buckets like 0–30, 31–60, 61–90, and 90-plus, so slow

A forecast you never score never improves. Forecast error turns “the forecast felt off” into a number you can act on, and two metrics

Demand forecasting turns your sales history into a number you can plan around: how much to buy, when to reorder, and how much cash

Key takeaways A bill of materials (BOM) is the component-level recipe for a product: every part, the quantity per unit, and its cost. BOM

Inventory replenishment is how you keep stock topped up without tying cash in shelves you don’t need — the recurring call on when to

Days inventory on hand tells you how many days your stock sits before it sells. It’s the plainest read on how long your cash

Order too early and you tie up cash in stock you don’t need yet. Order too late and you sell out before the next

Your inventory turnover ratio counts how many times you sell through your average stock in a period. It’s the quickest read on whether cash

Inventory turnover tells you how fast a product sells. Gross margin tells you how much you keep when it does. On their own, each

Inventory planning is how you decide what to reorder, how much, and when — before a stockout or a pile of dead stock makes