1300 760 930 Customer Login
Login
Blog
Nov 2018

Are you sufficiently stocked up for peak trade season?

November 5, 2018
Capify Australia

Inventory planning for peak trade season can place many SME owners in a quandary. To get maximum returns from peak season you need to have sufficient stock on hand. But you don’t want a surplus that weighs your business down after peak season has eased. Fortunately, financing your inventory order can be simple as you can access funds through solutions like Capify small business loans. Better yet, there are strategies you can put in place to order the right amount of inventory for peak season. Here are a few to get you started:

 

Dig into that digital data

Your clients leave a digital footprint that reveals much about their preferences, spend and ‘hot buttons’. Drill down into that digital data to help you anticipate which items are likely to be your top sellers for the upcoming busy season. Monitor your web traffic, sales data and trends so you are right across which products your customers are likely to buy. Informed forecasting makes for sound inventory orders.

 

Track that inventory

Customers love to be kept in the know. That means there is a lot more to inventory planning than simply delivering the goods. There are many inventory tracking software solutions available to help you create a responsive rewarding customer experience. Imagine being able to tell a customer where their order is in the manufacturing pipeline and when it is likely to be shipped then delivered. The right software can enable you to do this. Remember you can access funds through small business loans to purchase inventory tracking software. You may just find that this investment is the making of your peak season trading.

 

Stagger out your supply chain

Why access funds for one large lump inventory order when you could break these out into smaller bite-sized chunks in the few months leading up to your peak trade season? If you follow this strategy you lighten the load of your supply chain considerably.

 

So there you have it. A helpful blueprint to get you sufficiently stocked up for peak trade season without being overstocked or overburdened. If you are looking to order your peak season inventory soon, be sure to include ‘access funds’ as a step in your planning. Why not speak to Capify today about how their nimble small business loans can support you through your busy season?

 

Or call 1300 760 930 to speak with one of our friendly Lending Consultants now.

More like this

May 2019

Why SME owners are turning to online business lending

May 30, 2019
Capify Australia

More and more SME owners are turning to online lenders for their business loans, and there are some very good reasons for that. Possibly the biggest reason – the one that leads to all the others – is that online lenders have built their businesses to serve SMEs. They understand […]

More
Apr 2019

Keeping your business profitable during the peak trading season

April 17, 2019
Capify Australia

Small business peak trading is a dynamic and lucrative time. Set your SME up for peak profitability over small business peak trading periods with these handy hints. As you limber up to capitalise on enhanced retail activity, be sure to consider:   Staff penalty rates Small business peak trading sends […]

More
Apr 2019

How to take a break this Easter without your business falling apart

April 17, 2019
Capify Australia

Get funds and get a stress- and guilt-free Easter holiday. Many are looking forward to clocking off fully for the long Easter weekend. SME owners, must often consider how to juggle a break with business commitments. Are you contemplating sweetening up your Easter even more with a mini holiday? Here […]

More
Blog

Apply anytime, anywhere

  • No application fee
  • No obligation
  • See how much you qualify for

Still have questions?

See our FAQs

Chances are someone else has had the same question and the answer will be in our FAQs.

Call us

Call us between
8:00am – 6:00pm (AEST) Monday – Friday

1300 760 930

Copyright © 2019 AUSvance LLC trading as Capify. All Rights Reserved.