Business · FORTUNE
Fortune #14
Good fortune
Restock a strong seller using sales and supplier lead time, rather than waiting for an empty shelf.
QUOTE CARD
A quote for you
“เรื่องเล่าคืออาวุธที่ทรงพลังที่สุดในคลังแสงของผู้นำ”
— ฮาวเวิร์ด การ์ดเนอร์
นักจิตวิทยาพัฒนาการชาวอเมริกัน ผู้เสนอทฤษฎีพหุปัญญา
- Person
- Howard Gardner
- Source work
- Howard Gardner, cited in: Richard L. Daft (2014), The Leadership Experience, p. 273
- Source text
- Stories are the single most powerful weapon in a leader's arsenal.
STORY & REFLECTION
A reorder point before stock runs out
Guidance-based illustration · A reorder point before stock runs out
Illustrative scene: A candle shop runs out of one scent every Friday. The owner orders only after it is gone, while the maker needs seven days, so Saturday visitors leave empty-handed.
She compares daily sales with actual lead time, sets a stock level that triggers an order, and revises it when demand changes. She avoids overbuying slower scents.
The SBA recommends orderly records of revenue and expenses and using financial statements to understand capital and cash flow. Sales figures are best read alongside actual receipts and payment dates.
A useful stock count protects both sales and cash.
Reflection
Stock should follow data, not hunches.
A small action today
Review sales and set a reorder point.
A question to reflect on
Which strong seller may run out before the next delivery?