Inventory Management: 4 Keys to Improving Holiday Inventory Management
Your most important sales 
period creates a perfect storm 
of inventory challenges
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2. Management by exception. Whether your inventory problems are overstocks or out-of-stocks, the 80/20 rule applies with inventory in the vast majority of real-life situations. Twenty percent of the items in your business typically account for eighty percent of your problems. Focusing precious time on these exception items is particularly important in the busy fourth quarter, due to the financial impact of each decision.
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- Companies:
- Direct Tech Inc.
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Craig Harding
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Craig Harding is the president and founder of Direct Tech, Inc., provider of demand planning, inventory optimization, merchandise planning and analysis software. Direct Tech is the industry leader, helping catalog and e-commerce merchants drive profitability, increase demand and optimize inventory investment by providing best-in-class applications and services for more than 20 years. Prior to founding Direct Tech in 1989, Craig was a consultant in the direct marketing industry and performed strategic planning, system development and system implementation services for direct marketing companies. He previously held leadership positions in finance and information systems at ConAgra and QVC.
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