Category Archives: Inventory Management

There is light at the end of the tunnel and here are 5 Evolutionary focuses to get us there…

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] The end is near, NO not that end. The end of this force-fed closure of our livelihoods. There is a light at the end of this tunnel and while she may not […]

Covid19-Blog: Part2

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] CV-19 Disruption: ADAPTATION is a requirement   There is no denying, COVID-19 is hitting us hard at every level of retail. We are in VERY challenging times BUT even while our front doors […]

Covid19-Blog

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] The Wealthy Retailer® Founder Dan Holman – Covid-19 Disruption We are in a very fluid, ever changing environment BUT a few things will remain constant…. Decisions: You have made and will continue […]

Covid-19

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] A message from our CEO & Director of Retail Planning, Dan Holman   Friends & Family, Well, to say the last week (or so) has been scary is an understatement. Our livelihoods […]

The current is so strong, it cannot be denied

Trends evolve and become part of our customer’s expectation. Ignoring or fighting them is like swimming upstream against a current stronger than you. Soon exhaustions will set in from the energy you expended and you will succumb and drown. Businesses drown, in spite of good intentions, from misguided beliefs. Energy spent on embracing trends vs […]

Your Bridge to the Future is NOW!

Look at Instagram, email marketing, videos, Facebook, and new and emerging social media. All have given new startups and incumbent retailers a phenomenal new path to be a part of their customers lives, every day. There are thousands of what we call “garage front” retailers. Fast Fashion and the Internet have created an easy access […]

How to improve your retail business by managing inventory

Every single retailer I have ever chatted with has overbought inventory at one point or another. This is a fact of life. What do you do when you have too much inventory? There are three main strategies to reduce your excess inventory as a retailer. There’s a fast strategy—most commonly associated with an inventory blowout—or […]

Why Retail Businesses Fail

Today’s post is a summary of our latest Canadian Retail Solutions white paper “Why Retail Businesses Fail”. Download the full report. Over our 25 years of experience in retail we’ve seen the same common mistakes derail countless businesses. As consultants, we want to give you the tools you need to make sure the amazing potential […]

Building a Team

      Marc Weiss is CEO and President of Management One ™. A co–founder of the company, Marc was primarily responsible for developing the merchandise planning side of the business. Today, he continues to further develop his vision of the science of inventory planning.  Marc has a deep background in most every phase of retail, […]

Recalculating Retail Profitability through Cash Flow

“Where did my cash go?” Raise your hand if you’ve ever been left wondering where your cash went after reading your year-end Profit & Loss (P&L) statement. If this situation sounds familiar, don’t worry—you’re not alone. P&L statements show profit, but do not tell the whole story about your cash, which is an important indicator […]