Focus on the Fundamentals - Page 7 of 9

By Ray Goodman

Include at least one for order fulfillment and one for inventory efficiency. Then review them regularly. The discipline of consistent measurement over time is as important as the metric itself.

With fewer customers and less money to spend, merchandisers are looking for new ways to capture their share of these dollars. But the real secret to keeping your business on track is no secret at all; it’s a matter of getting back to the fundamentals, especially in the area of inventory management. So consider these five fundamental pointers:

« Previous 1 2 3 4 5 6 7 8 9 All Next »

0 Comments

View Comments

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