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1、Retail Inventory Management:Overcoming Issues and Creating Opportunities Josh Fischer2AgendaAchieving Appropriate Inventory LevelsCross Vertical ConsiderationsMulti-Channel ManagementQA3Presented byJosh FischerDirector of Product Management,Retail Edition4Financial ImpactsProfitabilityBalancing Stoc
2、k Supply&DemandAvoiding Overstock vs StockoutsCash Flow ManagementPerformance and ResilienceBrand ImpactsBrand and reputation managementCustomer SatisfactionContinued GrowthBalanceArt+ScienceThe Importance of Retail Inventory Management Accuracy5Distributor/WholesalerWarehouse 1Warehouse 2Distributi
3、on CenterVendors6ManufacturerMaterialsProduct Inventory7Modern RetaileComm Site 1eComm Site 2AmazoneBayWalmartPhysical StorePOSEDIBig Box Retail 1Big Box Retail 1MarketplaceAchieving Appropriate Inventory Levels9A ItemsHigh value to the business20%of products80%of profitRequires tightest controlGOAL
4、 Meet customer demand and maximize revenue generationB ItemsLess important than ATypically makes less profit than A,or less sales volume30%of products15%of profitsGOAL balance overstock and stockouts.C ItemsLeast important items50%of products5%of profitsGOAL Optimize carrying costs while maintaining
5、 availabilityABC Inventory AnalysisFischers Peak Snowboarding ShopClass“C”ProductsSnowboard WaxWaxing IronSocksLong JohnsT-Shirts,Hats,ApparelAccessoriesClass“B”ProductsHelmetsGogglesSocksJacketsPantsClass“A”ProductsSnowboardsBindingsSnowboarding BootsHow ABCs Benefit YouMethodology for classifying
6、inventoryRank the inventory based on priority of helping achieve business successRefine operational processesCycle CountingReplenishment pointsSafety StockOptimize working capitalImprove Turnover rate12Configure your ABC CodesAssign ABC Codes to Stock ItemsSetting up ABCs in Acumatica13Formula used