Focus on the Fundamentals - Page 3 of 9

By Ray Goodman

An 80 percent-complete assortment plan delivered six weeks earlier is much more helpful than a complete assortment plan that’s too late for quality forecasting and timely vendor production and delivery.

When You Know It
Timing is everything. The sooner you have information, the more quickly you can take action. This is especially important as it applies to forecasting
and purchasing.

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Ray Goodman Author's page Ray has been a consultant to various direct marketing companies across the country. His goal is to streamline the merchandising and marketing planning processes inherent in multichannel marketing. He works closely with clients and industry experts to develop new methodologies and tools for merchandising and inventory control. He says, "It's exciting to work with our staff customers to help evolve our applications. I'm proud of the way our staff works together to bring our visions from concept to product." Ray has been with Direct Tech since 1994. His primary responsibility is directing the development of Direct Tech products. He's been a featured speaker on inventory forecasting and management at various industry conferences.

Inventory Management: Focus on the Fundamentals