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with Sales and Inventory Planning

 

 

"We always talk about planning, but we seem to go into each season on the fly, and before long we're looking at too much of the stuff we have and not enough money to buy the things we really need. Can you help us?”

 

 

Yes We Can!

 

Heavy inventories, excessive markdowns, slow inventory turnover and tight cash are all very real issues that independent retailers wrestle with. In many cases, the issue is inadequate or inaccurate sales and inventory planning. Without highly reliable sales forecasts, independent retailers are left trying to strike a balance between carrying too little and too much stock. Frequently, they protect themselves against out-of-stocks and lost sales by stocking additional layers of inventory, unnecessarily tying up valuable resources that could be used to better serve customers and grow the business.

We know that independent retailers that invest the time and effort to effectively plan are invariably more successful than those that don't.

We’ll take the time to listen to you and learn about your business, and get your input on the situation. We’ll review your pre-season sales and inventory planning processes. We'll evaluate the forecasting tools that you are using to be sure they are providing you with the in-season information you need to adjust your plans on a timely basis. Finally, we’ll recommend whatever steps are necessary to improve forecast accuracy and we’ll help you implement those recommendations.

 

 

Get In Touch With Us

 
 

 

Hurlbut & Associates is a retail consulting and business advisory firm which focuses on strategic, operational, merchandising and inventory management issues. Our retail clients leverage our  expertise to increase sales, margins, profitability and cash flow.

 
 
Related Reading:

"Maximizing Profits During The Holiday Season"

"The Beginning of Superior Inventory Management - Accurate Demand Planning and Forecasting"

"Planning: The Root Cause of Many Small Retail Inventory Problems"

"The Markdown Blues"

"End-of-Season Planning"

 

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