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How to Manage Inventory with Wholesale Sunglasses

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Sunglasses represent one of the most popular fashion accessories, with perennial customer demand across changing styles. Yet, forecasting sales and managing inventories proves challenging amidst fluctuating trends. This is where buying sunglasses via wholesale distribution helps retailers calibrate purchasing to better react to emerging preferences while maximizing profits.

Set Seasonal Benchmarks

Historical Analysis

Review past sales data across years to chart weekly demand variances and important monthly purchasing metrics. Identify peak periods to concentrate surplus inventory orders and assess off-season stability to guide support stocks.

Accuracy Testing and Controls

Compare actual demand to forecast estimates for multiple seasons, noting outliers caused by unusual events or inaccurate assumptions. Refine statistical modeling, adding confidence interval metrics and performance buffers to improve predictions.

Lead Time Planning

Factor typical production, export transit, customs clearance and domestic shipping durations from preferred wholesale suppliers into inventory planning schedules. This ensures new-in items arrive ahead of selling season tipping points identified from analytics.

Build Flexible Assortments

Category Breadth

Curate a diverse initial mix of classic styles plus multiple new releases across male/female and youth/mature segments. Broad assortments entice wide demographic ranges, revealing winning sub-trends for prioritized reorders.

Trend Hedges

Split bulk buys across emerging categories like neon brights versus muted tortoise shells to capitalize on frequent sunglass fad shifts. This avoids over-committing to singular aesthetic looks losing relevancy if consumer preferences swiftly sway.

Test and Repeat Purchase

Initially order conservative batches of five to ten units across multiple promising but unproven new stock keeping units. Reorder top sellers in greater quantities while liquidating slower styles.

Right-Size Inventory Levels

Weeks of Supply

Calculate average sales velocity monthly, bi-monthly and by peak seasons to derive weeks of support existing inventory provides. Replenish stocks well before reaching under two weeks product supply to prevent stock-outs amid delivery lead times.

Turnover Metrics

Analyze gross sales contribution by product relative to weeks carried to identify consistently fast versus slow inventory turns. Prioritize purchasing toward higher velocity merchandise favored by customers. Stop losing money on idlers dragging operations.

Loss Prevention

Compare historical shrinkage rates from shoplifting, employee theft and damages claims against insurance thresholds to make security adjustments limiting preventable inventory depletion eating profits.

Ongoing Sunglass Analysis

Real-time Reporting

Integrate connected point-of-sale systems with inventory management platforms to gain immediate visibility into hourly and daily unit sales spikes signaling hot products in need of prompt reorder attention before stock-outs occur.

Dynamic Replenishment

The experts at Olympic Eyewear recommend using real-time analytics to initiate ad hoc reorders of bestselling designer sunglasses in-season for sustaining sales momentum. This just-in-time inventory approach pairs with historical data guiding seasonal buildups implemented further ahead.

Omnichannel Integration

Cross-Channel Visibility

Maintain unified inventory tracking across physical stores, e-commerce platforms, and marketplace listings to prevent siloed stock management. Implement centralized systems showing real-time availability of bulk sunglasses across all sales channels, enabling efficient stock transfers and preventing duplicate ordering.

Virtual Try-On Support

Align digital inventory with augmented reality tools allowing online shoppers to virtually sample frames, reducing return rates. Track virtual try-on engagement metrics to identify styles warranting increased stock positions based on digital interaction data.

Unified Analytics

Consolidate sales and inventory data from all channels into comprehensive dashboards revealing holistic performance trends. This integrated view helps optimize wholesale purchasing decisions by considering total demand across physical and digital touchpoints while maintaining appropriate stock levels for each distribution channel.

Conclusion

For new and existing eyewear merchants alike, buying sunglasses through flexible wholesale sources represents the most direct path toward calibrating purchasing patterns to actual retail demand flows. Following core inventory management disciplines then unlocks achieving full sales potential.

Paul Domingo

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