Inventory Optimization
Overview
In this course, you will learn a pro-active approach to managing your inventory levels within the stores. The application of these techniques will help you save time and enable you to quickly identify ways to avoid potential costly markdown issues or product returns.
In this course, you will learn:
- First things first – how to apply inventory optimization
- Growing inventory at half the rate of sales growth
- Key practices that drive sales growth
- The message the inventory communicates to the customer
- A buyer’s methodology to building an assortment
- The 80-20 merchandising tool to evaluate item or supplier performance
- Pro-active approach to help avoid costly inventory issues
- Key practices that drive sales growth
