- Gross Margin return on investment (GMROI) is consistently below plan.
- Monthly inventory plan is rarely achieved.
- Aged inventory is higher than previous seasons and seems to grow every year.
- Annual inventory turnover is below industry average.
- Sales goals are met but the company is regularly short of cash.
- A shortage of capital limits the ability to be innovative and take advantage of merchandise opportunities.
- Accounts payable are very high and cash flow is tight.
If your company can identify three or more of these warning signs, then its time to take a good hard look at your current retail technology and inventory management processes.
- Perhaps you need new software, that is business management based rather than trying to utilize a basic score keeping application you have or that are offered to you.
- Perhaps you need to establish more realistic strategic plans and develop better monitoring processes.
- Perhaps you need to design and implement new policies and procedures.
- Perhaps you could use the advice of a professional management consulting team.
- Perhaps you could benefit form a strategic alliance with over 300 proactive jewelers across North America.
PERHAPS YOU COULD BENEFIT FROM ARMS USA
Whatever your current merchandise management needs, ARMSUSA can help.
Our team of consultants are uniquely qualified to help your company reach its financial goals in a cost-effective and timely manner.
