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The Paradox of Inventory
Paul Erickson discusses why too little inventory can be worse than too much (and too much is pretty bad!).
  
The Paradox of Inventory Part 1
 
Prescription For Profit » Paul Erickson » Click On An Episode (1 thru 5 of 12)
The Power of New
The Paradox of Inventory
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Inventory Turnover
Initial Markup
Markdowns
Detail
We all know that too much inventory is a problem. Paul will discuss why having too little inventory is actually worse than having too much, and how today’s customer reacts when stock turnover rate isn’t quite right. Understand the challenge of the largest asset on your balance sheet, and the role of the buyer in managing this paradox.
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Meet The Specialist

Paul Erickson

Senior Vice-President Client Services, Minneapolis based Paul Erickson has served retail clients throughout the United States, Canada and the Caribbean. His passion for preparing independent retailers to excel in the area of inventory productivity and control has been central to both his personal success and that of the RMSA client base.

Widely recognized for his talents as a retail educator, Mr. Erickson has been featured in Fortune Magazine and on the CBS Evening News. Mr. Erickson previously served as Vice President for CAM Commerce Solutions Inc., supplier of inventory management and point-of-sale solutions for small-to-medium size retailers. Meet Paul
info@rmsa.com
www.rmsa.com
More Info
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Phone: 937-644-7103
Website: http://www.scotts.com
Directory

Markdowns
Markdowns Part 1
Paul describes the Seven Rules of Markdowns
Markdowns Part 2
What is the Danger Point of Markdowns?

Merchandising by Classifications
Merchandising by Classifications Part 1

Cash Flow
Cash Flow Part 1
Paul Erickson explains the 1 week 1% rule. Retailers should stop assuming cash flow follows profits. Profits follow cash flow.

Paper Profits vs Cash
Paper Profits vs Cash Part 1

Sell and Buy
Sell and Buy

Six Mistakes To Avoid At a Trade Show
Six Mistakes To Avoid at a Trade Show
Season Guide
Publishing Team
Project and Editorial Design: Jonathan Bardzik, ANLA

Visual and Video created by Fresh Brew Studios
Steve Kendall, Producer
Josh Miller, Producer

Graphic Design created by The Design Works
 
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