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Molly Brown Molly Brown is offline
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Default How do you make a profit during inventory?

On Apr 19, 6:02*pm, Evan wrote:
On Apr 19, 8:38*pm, 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?


LOL...

Home Depot has a contract with REGIS to do most of its regular
inventories... *HD would pay the same amount for the crew to come
in and do the inventory whether it took 5 hours or 8 hours...

Spot check inventories of specific products or departments are
frequently ordered by District Management and Loss Prevention
personnel and either trusted store management employees will
do it internally or LP staffers from other stores will come in and
do it if store management is suspected to be involved in the shrink...

HD does not "stop stocking its shelves" a month prior to inventory,
the HD sales model is "just in time delivery" using a 1:1 item
replenishment system, one item ordered for one item sold...

~~ Evan


I won’t say what I do for a living but my job has me spend almost as
much time at Home Depot as my home. Based on my personal observations
of more than a decade; I can say without hesitation that they DO stop
stocking the shelves a month before inventory. In fact just before
inventory I notice those “sorry we are out” stickers multiply. When
ever that starts to happen at a branch I make it a point to go to
another nearby branch. On two occasions two Home Depot employees
admitted it when I loudly complained. Maybe they don’t do it in your
state where the minimum wage may be lower but here in California they
DO do it. I can’t say for other Home Depots in other states because
I’ve never been to one there.