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INVENTORY PROBLEMS

INVENTORY PROBLEMS. Out-of-stocks Overstocks. IMPACT ON CUSTOMER. Dis -satisfied Customer Foeced to look for Alternative Products Sources of Supply. IMPACT ON STORE . Higher Inventory Cost Embarrassed Sales Staff. . REASONS . Unexpectedly high sales, Unexpectedly low sales.

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INVENTORY PROBLEMS

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  1. INVENTORY PROBLEMS Out-of-stocks Overstocks.

  2. IMPACT ON CUSTOMER • Dis-satisfied Customer • Foeced to look for Alternative Products • Sources of Supply.

  3. IMPACT ON STORE • Higher Inventory Cost • Embarrassed Sales Staff.

  4. REASONS • Unexpectedly high sales, • Unexpectedly low sales. • Transportation • Delivery • Forecast

  5. OTHER FACTORS • Time of the year. • Promotions /discounts. • Advertising by manufacturer

  6. STOCKING POLICIES • Company Managed • Vendor Managed

  7. INVENTORY CONTROL • KEY CAPABILITIES • Streamline in-store activities, • Receiving Merchandise, • Conducting stock counts, • Ordering / transferring merchandise, or Stock • Improve merchandise management and productivity • Reduce labor costs • Support remote store processes. • Manage store-level profit and

  8. Streamline in-store activities,

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