Small businesses have a lot of production challenges. Let’s consider some of them.
- Factories and workers expect money up-front. Most likely they have minimum quantity requirements, too.
- Businesses have to guess what will sell and need to predict the future when ordering to meet actual demand.
- If the business doesn’t quite guess right, they either end up with overstock, which has to be liquidated at poor margins, or they end up running out of inventory and miss out on sales.
- Wholesalers and consumers are poorly coordinated with the production cycle and with each other.
Solving these challenges would make small businesses both more profitable and more predictable.
Supply Curve is a toolset purpose-built for solving these problems and is coming soon in 2015.