by ARMS Admin | Apr 20, 2018 | Business Development |
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...
by ARMS Admin | Apr 20, 2018 | Inventory |
That means for every $1000 you hold in unsold inventory, you loose 33% of your projected profit to expenses annually. Retailers who most frequently fall victim to reorganization cite inventory problems as one of the primary reasons. The solution is to invest in an...
by ARMS Admin | Apr 20, 2018 | News & Events |
CHRONOLOGICAL HISTORY OF Jewellers Computer Systems (JCS) / Advanced Retail Management Systems (ARMS) 1980 After attending New England University course on Business Management of a Jewellery Store at the Waikato University in Hamilton N.Z to learn more about...
by Malcolm Alderton | Apr 20, 2018 | News & Events |
This is unbelievably exciting. Providing business solutions to retail and wholesale jewelers has been my business for nearly 30 years. I have truly enjoyed helping businesses become more profitable. Providing the tools to enable retailers and wholesalers to maximize...
by ARMS Admin | Apr 20, 2018 | Business Development |
Given the current economy, many jewelers are willing to offer discounts in hope for good numbers at year-end. The problem with this formula is that it’s a guarantee all right, a guarantee loser. Once you start discounting, a something no so good happens. Customers...
