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Slay the Dead Stock Dragon

Spend a lunch hour learning about critical issues to turn your stock room into a profit engine!

Click here to Register Online

In the wholesale distribution world, there are two certainties: Dead Stock & Taxes. Even the most profitable distributors have dead stock. You know, the item the sales team said they'd sell by the boat load and didn't. Or the item you purchased just as a new-and-improved version was introduced... two years ago.

The best distributors don't just minimize their dead stock inventory through quick and early detection. Their entire process of managing inventory, their single biggest asset, allows them to minimize the damage dead stock can do.

Outline:
  • Defining Inventory Management, Inventory Control, & Dead Stock
    • Implications of Dead Stock
  • How to Identify Dead Stock
    • Importance of Accurate Inventory Records
    • Reports to Use in the Identification of Dead Stock
    • Proper Labelling of Dead Stock in Item Records
  • Coordination
    • Commitment
    • Dead Stock Champion
    • The Team
    • Quantify
  • Eliminating Dead Stock
    • Plan
    • Strategy
    • Disposition Steps
  • Dead Stock Prevention
    • Regular Inventory Analysis
    • Purchasing Procedures and Parameters
    • New Product Additions... Minimize DOA
  • Wrap-Up
Click here to Register Online

 
© 2010 F.H. Black & Company
36 Roslyn Road
Winnipeg MB R3L 0G6
Canada
204.949.9113
Suite #832
102-15910 Fraser Hwy
Surrey BC V4N 0X9
Canada
778.785.3752