Using Rate of Sale for Smarter Stock Management

How to Use Rate of Sale in Your Ordering

Knowing the Rate of Sale helps you decide how much stock to order and when, so you always have enough products available without overstocking.

Here’s how you can use it:

Calculate Your Reorder Quantity:
Multiply the Rate of Sale by the number of months you want stock to last before the next order. For example, if your Rate of Sale is 20 units/month and you want to keep 2 months’ supply, you’d order 40 units.

Set Minimum and Maximum Stock Levels:
Use Rate of Sale to set a minimum stock level that triggers reordering and a maximum level to avoid excess stock.

Plan for Seasonal Changes:
Keep an eye on how Rate of Sale changes over time. If you see it rising, order more stock earlier. If it’s falling, reduce order sizes.

Ramsys Ordering Features Using Rate of Sale

Ramsys uses Rate of Sale to help automate and improve your ordering process:

Auto-Ordering:
For items set to ‘Auto’ reorder, Ramsys automatically suggests order quantities based on the Rate of Sale and your stock targets.

Order Suggestions:
The system recommends how many units to order, helping you avoid guesswork.

Avoid Stockouts and Overstock:
By ordering according to Rate of Sale, you reduce the chance of running out of stock or tying up too much cash in slow-moving products.

Tips for Best Results

Keep Your Sales Data Updated:
Regularly record your sales so the Rate of Sale stays accurate.

Review and Adjust:
Look at Rate of Sale reports regularly to spot trends and adjust reorder levels.

Consider Lead Time:
If suppliers take time to deliver, order early enough based on your Rate of Sale to avoid running out.

What If Sales Are Unpredictable?

For items with very irregular sales, use Rate of Sale as a guideline but also apply your own knowledge. Ramsys lets you override automatic suggestions if needed.

Summary

Using Rate of Sale to guide your stock ordering means:

You order the right amount at the right time.

Your shelves stay stocked with what customers want.

You reduce waste and improve cash flow.

Ramsys makes it simple — so you can focus on running your business!