INVENTORY CONTROL GUIDANCE AND TRAINING

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Why Do It?

Knowing the ins and outs of your inventory is the only way to become a more successful buyer and department as a whole. If inventory is arriving at less than opportune times or the incorrect inventory in general is ordered, then sales will suffer.  Knowing when and how to mark down stale inventory, as well as understanding what type of merchandise, product lines, and vendors are turning the best are just a few key points to managing your inventory.  With the selection of this option, specific product suggestions and buying strategies will be discussed during the monthly phone conference.

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Key Points

Inventory Breakdown

Core vs Seasonal

Genuine vs Licensed

Seasonal Sell Through

Specific Product Suggestions and Buying Strategies

Markdown Strategy

Monthly Phone Conference