Does This Describe You?- When I walk the sales floor there always seems to be a new out-of-stock.
- We have an auto replenishment package on our system but we've never used it.
- We don't seem to handle the seasonal bumps in our business as well as we need to.
- I know there's got to be a better way of dealing with out-of-stocks than just buying more inventory.
You Know First-Hand How Costly Out-of-Stocks Are
Out-of-stocks sap the momentum from any retailer. They rob irreplaceable sales and gross profit dollars from the business, demoralize salespeople, and irritate customers when they can't get what they want, when they want it.
Out-of-Stocks are Most Frequently Caused by Inventory Replenishment Issues
The challenge in addressing out-of-stock issues is to identify and correct the specific inventory replenishment problems without simply adding an extra layer of inventory. Any effective inventory management initiative to resolve out-of-stock issues (and its reverse: overstocks) must address the root causes of these inventory replenishment problems.
Finding the Common Thread Behind Your Out-of-Stocks
At Hurlbut & Associates, we understand the frustration you're dealing with when it comes to out-of-stocks. That's why we'll take the time to listen to you, learn about your business and get your input on the cause of your out-of-stock problem. We'll dig into specific out-of-stock situations to find the common thread. We'll review your inventory replenishment processes to be sure they're working correctly, and make specific recommendations on steps you can take to minimize out-of-stocks (and we'll help you implement those steps, too).
Contact us today and let Hurlbut & Associates fix your out-of-stock and inventory replenishment problem.