Like this:

When sales are slower than hoped for
We must be extra diligent in the basics. Do we have too much stock? Has some of the inventory been in stock for
Over a year? If something has been sitting around too long, remember that its money sitting there that could be used for advertising, new fixtures, a bonus for yourself or staff. It’s easy to get lax about this but we simply must be on top of our inventory. Usually your compter system can give you the reports you need. But sometimes you find more stuff just by
Walking around and looking and asking yourself what is this stuff doing here? Who ordered it? Was the great idea followed through on? I’m going to spend a half an hour tomorrow looking
for stuff. I know we have too much stock in various departments.

Advertisement