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Ned Flanders[_2_] Ned Flanders[_2_] is offline
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Default How do you make a profit during inventory?

Molly Brown wrote:
Is it more profitable to stop stocking the shelves a month before an
inventory like Home Depot does so that you have less to count so that
you don’t have to pay as much in wages for the inventory personnel or
to keep stocking the shelves so that you make-up the time/money you
lose doing the inventory by selling as much as possible?


Do you have your own supply chain or do your vendors deliver?

Does you company have a warehouse and buyers or does the store buy and
warehouse the stock?

Does your company buy in bulk to get the best price and does the stock
have to be kept in the store?

The more stock you carry over what is needed to stay in stock beyond the
next order is loosed working capital and increases your labor costs in
extra handling (if it is in the back and has to be restocked).

Our company pays a flat fee for inventories. The company guarantees in
writing the store will be completed by a specific time, but can finish
as quickly as they wish. The know how many man hours it should take and
how fast each of their counters are.

I personally attend 40+ inventories a year to ensure they are as
accurate as possible both by the store personnel and the inventory crew.