Is your parts inventory a valuable asset or a museum of obsolete stock? Discover how to streamline your inventory, improve space utilization, and boost efficiency with strategic inventory management.
When a customer leaves the parts counter without making a purchase, you may shrug it off or it may bother you for a while. You need to take action right away.
As discussed in Part 1, we must try to prevent turnover. However, if we listen to the research, we will spend more time preparing for turnover than trying to prevent it.
Referring to demand history you don’t want, digital dirt is called “abnormal demand”. In a nutshell, any time you make a sale that you don’t expect to repeat, it's considered abnormal.
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