Planning inventory for tissue paper stock can be a challenging task for businesses that rely heavily on these products for shipping purposes, or for specialized uses such as events. Effective inventory planning ensures that you have the right amount of Tissue napkin manufacturer in Mumbai paper in stock at the right time, preventing stockouts and overstocking. Here are some steps you can follow to plan your inventory for tissue paper stock:
First, you need to track your previous sales data for tissue paper stock. This will give you an understanding of the average usage of tissue paper per month. You can use this data to calculate your average daily consumption of tissue paper. You can use a simple formula:
Average daily consumption = total number of units sold in a period / number of days in that period
For example, if you sold 1000 units of tissue paper in a month and there are 28 days in that months, your average daily consumption would be 1000 / 28 = 34.07 units per day.
