From Home Business to a Growing Warehouse (ft. XXL Scrunchie & CO)
About this episode
In this episode, we’ll guide you through essential strategies to prepare your inventory for the holiday rush and ensure your business is ready to thrive. Learn how to forecast demand, organize your stock, work with suppliers, and avoid common inventory pitfalls.
Whether you’re an e-commerce shop or brick-and-mortar store, these tips will help you stay ahead of the curve and make this holiday season your best yet! ??
Resources
Key Takeaways
- The make-to-order (MTO) manufacturing process involves producing products only once an order is placed.
- In contrast, make-to-stock (MTS) production is done in bulk based on demand forecasts to ensure availability.
- MTO allows customization, minimizes waste, and reduces storage needs, but it also has longer lead times, higher costs, and complex order management.
- MTS leads to lower production costs, bulk purchasing advantages, and faster fulfillment, but it requires accurate forecasting to avoid excess inventory and storage constraints.
- Make-to-order is ideal for high-cost, customizable, or perishable products, whereas MTS suits mass-market items with steady demand.
Special guest Tina Nguyen
Tina is an artist, entrepreneur, and founder of XXL Scrunchie & Co. She started painting murals professionally at 23, and by 25 she launched a scrunchie brand that grew beyond her wildest dreams!
Her journey wouldn’t be the same without her hardworking parents who came to Canada with nothing and built a life for their family. Tina’s parents inspire her hustle every day and have helped her in any way they could from the start!
Highlights
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