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EM

Eric Migicovsky

10/13/18

@ Y Combinator

To manage inventory effectively, consider pre-orders to gauge demand and reduce upfront costs, or shorten lead times to minimize cash flow issues.

Video

YC

A Conversation on Hard Tech with Eric Migicovsky

@ Y Combinator

A Conversation on Hard Tech with Eric Migicovsky

10/13/18

Related Takeaways

AL

Alfred Lin

07/31/14

@ Y Combinator

If you're off in inventory management, it can lead to significant issues, whether it's overstocking or missing sales opportunities.

EM

Eric Migicovsky

10/13/18

@ Y Combinator

Sometimes, it's worth paying more for components if it results in shorter lead times, as this can alleviate cash flow problems despite lower profit margins per unit.

NK

Nikhil Kamath Cast

10/07/23

@ Nikhil Kamath

Designing for fast turnaround is crucial in fashion, allowing for quicker product updates and inventory management.

NK

Nikhil Kamath Cast

10/07/23

@ Nikhil Kamath

When starting a fashion brand, it's better to begin with 60 to 70 options across sizes, rather than a larger inventory, to manage effectively.

NK

Nikhil Kamath Cast

10/07/23

@ Nikhil Kamath

Using machine learning for demand forecasting can significantly improve inventory management and reduce wastage in fashion.

SA

Sam Altman

03/18/17

@ Y Combinator

Establishing an operating rhythm early on helps maintain momentum by regularly shipping products and reviewing metrics.

MM

Macy Mills

05/17/25

@ a16z speedrun

Evaluate the length of your sales cycle to determine if your pricing is correct; ensure that it is getting shorter over time as you refine your approach.

HI

Harvard Innovation Labs Cast

06/12/13

@ Harvard Innovation Labs

Think like an architect when building your company; plan for profitability and ensure your product is designed to meet market demands effectively.

LP

Lenny's Podcast Cast

04/11/24

@ Lenny's Podcast

It's often more effective to sell a product before building it, as this approach provides valuable customer feedback and ensures that the product meets actual market needs.