For small businesses, it’s not enough to know how to merchandise, manage, and optimize inventory because just knowing something doesn’t help if you can’t put that knowledge to work.
For many entrepreneurs and small brands, the benefits of strategic inventory management are unlocked only by doing the work, which begs the question:
When, in your already busy schedule, should you implement merchandising and reporting practices that drive profit without sacrificing other operational practices?
For many entrepreneurs and small brands, the benefits of strategic inventory management are unlocked only by doing the work, which begs the question:
When, in your already busy schedule, should you implement merchandising and reporting practices that drive profit without sacrificing other operational practices?
In this week’s lesson, part 3 of a free 3-part inventory management class, I share how my clients find or make the time to uplevel their businesses through merchandising and simple sales reporting.
Our goal?
To drive top line revenue and bottom line profit more effectively and efficiently.
If, after watching this lesson, you still need more support finding time and maintaining focus, then you’ll want to sign up for my upcoming webinar: “Solution to Success: Make more time. Make more money.”
Our goal?
To drive top line revenue and bottom line profit more effectively and efficiently.
If, after watching this lesson, you still need more support finding time and maintaining focus, then you’ll want to sign up for my upcoming webinar: “Solution to Success: Make more time. Make more money.”
As you watch this week’s inventory management lesson, pay special attention to these important considerations:
- The important brand considerations that impact your customers.
- How more frequent re-merchandising changes your resource needs.
- The role of frequency and consistency in merchandising.
- Considering shopability of the sales floor during re-merchandising.
- Developing habits in order to vet actionable insights.
- Industry standard around reviewing business and retail reporting.
What habit-building practice are you committing to and why? Take some time to reflect right now and then comment below!
Don’t forget to sign up for my upcoming webinar designed to help you find time management and money making strategies hiding right under your nose.
Don’t forget to sign up for my upcoming webinar designed to help you find time management and money making strategies hiding right under your nose.
If you found this useful, you’ll also like this:
The Art of Inventory Management: 14 Ways to Sell Slow-Moving Stock at Full Retail Price
The Science of Inventory Management: How to Up-Level Your Business with Simple Retail Reporting
The Science of Inventory Management: How to Up-Level Your Business with Simple Retail Reporting
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