Articles tagged: wrong purchasing 

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Business and Competition: How To Beat Your Competition At Their Own Game written by Dan Kaplan
Giant chain stores that are creating part of today’s challenging business environment can only be beaten with creative thinking. Implementing new ideas helped the Distributor not only meet the “Giant’s challenge,” but came in ahead of the game by increasing their number of Nationwide Branches by 35% using “just in time inventory” and matching their competitor’s lower price on accessories.

Business and Purchasing: Buy Smart and Avoid Excess Inventory in Your Warehouse written by Dan Kaplan
Many companies are surprised when they find excess inventory of fast moving items during a physical inventory. After getting over the initial surprise, they shrug their shoulders and say: “these are fast moving items and they should sell.” What they fail to realize is that even though fast moving items will sell, they carry unnecessary storage costs that affect their bottom line profit.

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