Problem
Athlete Pharmacy-Supply business plan requirements for inventory and suppl...
Inventory
If your business requires inventory, explain:
1) What kind of inventory will you keep on hand (raw materials, supplies, finished products)?
2) What will be the average value of inventory (in other words, how much are you investing in inventory)?
3) What rate of inventory turnover do you expect? How does this compare to industry averages?
4) Will you need more inventory than normal during certain seasons? (For instance, a retailer might need additional inventory for the holiday shopping season.)
5) What is your lead time for ordering inventory?
Suppliers
List your key suppliers, including:
1) Names, addresses, websites
2) Type and amount of inventory furnished
3) Their credit and delivery policies
4) History and reliability
5) Do you expect any supply shortages or short-term delivery problems? If so, how will you handle them?
6) Do you have more than one supplier for critical items (as a backup)?
7) Do you expect the cost of supplies to hold steady or fluctuate? If the latter, how will you deal with changing costs?
8) What are your suppliers' payment terms?