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Inventory Management Guide

1. The Death Pile Problem

Every reseller has one - a pile of unlisted inventory collecting dust. This is cash you set on fire.

Rule: List within 48 hours of purchase. No sourcing until your death pile is cleared.

2. Storage Organization

You can't sell what you can't find. Organize by category, size, or SKU - whatever works for your brain.

System: Bins labeled by platform or category. Take a photo of bin contents. Use a simple spreadsheet to track locations.

3. FIFO Method

First In, First Out. Your oldest inventory should sell first. Stale inventory ties up capital and space.

Implement: Mark purchase date on items. After 90 days, drop price 20%. After 180 days, liquidate or donate.

4. Know Your Numbers

Track: Total inventory value, average days to sell, sell-through rate, storage cost per item.

Goal: Turn inventory 4-6x per year. If items sit longer than 90 days average, you're buying wrong.

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