The end of the year is nearby, and the question rises: what must be done now and what can wait until next year? Planning imports and exports during this period requires careful attention to several factors. Here are some tips to help you close the year calmly and strategically.
Demand Assessment
It’s advisable to evaluate sales volume to date, to identify trends and adjust inventory to meet anticipated demand. This assessment should also consider seasonality and market expectations for the first quarter of the following year.
Inventory Management
Plan your restocking to ensure availability for demand, but avoid overstocking to prevent inventory excess.
Shipping Schedule
Consider transit time, accounting for holidays like Golden Week, and plan ahead to ensure products arrive in time for year-end sales.
Cost Optimization
Take this opportunity to review contracts and negotiate with suppliers for better payment terms and prices, potentially saving on shipping costs as well.
Promotions and Marketing
Check if your sales campaigns align with inventory levels and expected arrival of products, minimizing the risk of advertising items that are not in stock.
Preparation for the New Year
Now is the time to review: identify areas for improvement and develop long-term planning based on your analyses and lessons learned.
Rely on MAC for careful planning and strategic analysis, so your company can maximize opportunities in the final stretch of the year, achieving a positive closing and preparing for the next cycle.
