Make sure that the bargain you are offered by your suppliers is really a good deal. A special price on a large quantity of items might look like a very good price, but you will also have to store the items somewhere, which can be expensive. Plus, you will be paying interest on that stock instead of investing your dollars in something that will grow your business.

So why tie up valuable floor space holding stock that can be delivered ‘just in time’?

You will benefit from relying on specialists to outsource your non-core products and utilise their distribution and warehousing capabilities. By leveraging off companies with a strong track record in supplying quickly and easily, you will save money through efficient use of floor space and by liberating your cash flow.