The stock management cycle is a common used term during my training on Stock Management. I used this to explain the process of product development to show the importance of forecasting and communication with a buying department. Continue reading The stock management cycle
It is one of those Mondays in August 2015 and your store is fully operational. Spends are amazing due new arrivals in May and you have trained your team well. During the day you have visited the stores and saw what you used to see: a crowdy store with a small queue at till point. End of the day you are checking the spend of your stores and spend is slightly below the average but still over budget. Must be an ‘off’ day, can happen. Next couple of days the same occurs however the trend is declining every day. Continue reading The value of Stock Management
