Inventory Management: Stay On Top of the Metrics

Now or Later

Starting from a higher category level — or the top-down approach — you need only look at a few measures to determine if the category is or can be (from a planning perspective) profitable. From a preseason planning approach, I should state that one of my business mantras is “almost right now,” which is better than “exactly right later.” (I’ll touch on the “exactly right later” part in a bit.)