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Even the best merchants sometimes over-buy or miscalculate sales projections. And sometimes your returns ratio creeps a bit higher than normal. What’s a cataloger to do?
Dump the stuff.
Surplus goods have no value to your catalog until they’re converted into cash and those funds are reinvested. In addition, the overstocked items are taking up precious real estate in your warehouse, and you must pay to insure and maintain them. Finally, surplus assets depreciate in value more quickly than other assets as they become obsolete.
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- Companies:
- GJM Associates Inc.
Reported Donna Loyle
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