#Product Trends
What is Buffer Stock and does your company need it?
The Main 3 Reasons Many Companies Hold Buffer (Safety) Stock
What is Buffer Stock and does your company need it?
Buffer Stock is a certain number of additional goods, stocks, articles - which manufacturers keeps in their stores. They do it for several reasons, but the main one is to make sure that their product will continue to reach their customers, no matter the crisis that may happen in the market.
The Main 3 Reasons Many Companies Hold Buffer (Safety) Stock
1. Shield against unexpected deviation and disruptions in the supply chain
2. Safety against large variations in product price
3. Precluding the product from stocking out in the retail chain and safeguarding a high level of client satisfaction
There is a formula to calculate the Buffer Stock your company needs:
https://zamko.eu/9480-2/
Read about the best packaging solutions for your buffer stock and the full article dedicated to the TOP 3 reasons why your company should hold it HERE:
https://zamko.eu/projects-and-solutions/what-are-the-top-3-reasons-companies-hold-buffer-safety-stock/
#SafetyStock
