Description
Inventory and stocking costs constitute part of the major and overcoming expenses of a Zudio franchise cost. The start inventory cost anywhere from ₹15-25 lakhs, and monthly renovation costs range from ₹30,000 to ₹150,000. To ensure keeping these costs and to maintain profitability, it has to be effective management of inventory, supplier partnership, and operational effectiveness. To achieve more profitable operations, accurate forecasting and budgeting, data analysis, and investment in technology can help optimise inventory and manage them, minimise waste, and improve turnover rates. These costs fluctuate depending on factors, such as the size, location, products, agreements, and the franchise model being used.
