Slow Sellers 

Managing and controlling your inventory includes managing every single line through its life-cycle. Its age and condition are all important when rating the quality of you stock. Auditors always want to know..

Every line must have an exit plan, so when an agreement is reached with a supplier you clearly need to have thought about how this line will leave your business and who will pay for this. Does the supplier agree to an SOR, or do they want a firm sale agreement. Both present problems of there own kind. Effective tracking of the lines through there life is vital however they are purchased. Ensuring,  where necessary, recall processes are in place before SOR agreements expire is key to managing and controlling your exposure. 

So what do we do?

• We will review existing management processes and reports. 

• We pay particular attention to the age of the stock, slow selling lines, de listed ranges and recall success. 

• We also show businesses how to manage lines which slip through the net. 

• Establish a clear 'catch all' best practise.