Inventory Management & Supply Chain Profitability with Co-Founder of SoStocked - Chelsea Cohen

Chelsea Cohen is the Co-Founder of SoStocked, a fully customizable Amazon Inventory Management, and Forecasting Software.  She started as an Amazon Seller in 2014 and has been featured on stages and podcasts all around the world, teaching people how to solve their inventory management problems. In this episode, Chelsea takes a deep dive into the importance of inventory management and its crucial impact on profitability and business growth. Passionate at optimizing logistics and cash flow, she shares tips on how this process could be improved plus helpful tools that you can use right away. [00:01 - 06:41] Opening SegmentGet to know Chelsea and what led her to co-found So Stocks[06:42 - 21:51] Why You Need an Inventory Management SystemThe consequences of not having an inventory management systemHow to keep up with constantly changing Amazon program policiesHow to know if you are overstocking and understockingLogistics flexibility and strategyWant some Amazon refunds? Check out GetidaPromo code: FTM400[21:52 - 35:05]  Effective eCommerce Strategies: Work Smarter  Beat your competition this 2022Increase profitability through Supply Chain ManagementCheck out the free FBA calculator from www.sostocked.com/tools[35:06 - 43:20] Closing SegmentIf you are still using spreadsheets for inventory management, Chelsea has a message for youCheck out sostocked.comThe Fire RoundQuotes:“If you want to spend more time on things more valuable, and if you could save extra 10 hours a week or 10 hours a month by automating something, then do so. If you’re going to expand and grow, you need to start looking at a system that actually works in an automated way.” - Chelsea Cohen Connect with ChelseaWebsiteLinkedInFacebookYoutube If you need help with inventory management,  check out So Stocked! Resources Mentioned piertopier/loadcalc  ------------------------------------------------------------------------------------------Send us a voice message and let us know how we can help you fire the man! FacebookYouTubeInstagramEmail us --> [email protected] Leave us a review as it really helps the show!     Support the show