By Martin Heubel, Amazon Strategy Consultant at Consulterce
Keeping your products available can be a headache with Amazon. The online retailer is set to limit its inventory coverage to an average of only 2 to 4 weeks.
The reason? Amazon wants to further reduce its stockholding costs and the risk of overstocks.
But what’s great for Amazon isn’t great for vendors.
In fact, focusing on your inventory management will be one of the most critical factors in 2024.
Because let’s face it, running out of stock means that you will:
- Miss out on revenue
- Lose your sales rank
- Face operational inefficiencies
Which raises the question: How can you effectively improve your product availability with Amazon?
I’ve just released a guide that explains exactly how you can secure high product availability in 2024 – read it here.
