By now, most people understand that inventory control can be a major step toward transforming a business into a money-making machine. However, many businesses still view inventory control as something that can be ignored because it’s not profitable, or because it’s more of a hassle than it is a benefit.
This mindset needs to change if you want to realize the immense benefits of having an efficient inventory control system in place. You will achieve more results with more efficiency if you take the time to write a strong inventory control cover letter. Doing so will give you more freedom to focus on your core business.
One of the first things you should do when you decide to pursue inventory control is to compile a list of your existing inventory and other items that you want to have some type of control over. Whether or not your company offers storage space or rental space for storage, you’ll want to create a database of all of your valuable items so that you can include them on the list.
If you have a professional lease, you’ll need to list the items that are leased under that lease, including the parking spaces in the building, the amount of time the lease expires, and the type of leasing agreement. When you have these items in place, you can begin the inventory control process by sending out a short inventory control cover letter, which will list the contents of the inventory.
In addition to your inventory control cover letter, you will also need to include an effective and compelling inventory statement. The inventory statement should contain the manufacturer’s name, manufacturer’s year of manufacture, the date of manufacturing, the quantity of each item, the expiration date of each item, and the owner’s contact information. These are all information that will make it easier for your buyers to know if the item has been destroyed, lost, stolen, or damaged.
This information will also help potential customers to get a clear idea of what you offer. Once they see that you can accommodate all of their storage needs, they will be more likely to purchase from you. This, in turn, will create a greater sense of customer satisfaction and better business relationships.
There are many steps involved in inventory control, but these steps are only the beginning. Successful companies offer a comprehensive inventory control program, and the knowledge, tools, and support you’ll receive from those who understand the importance of this control will allow you to achieve more.
