Inventory

Topic: Industry
Written By: Matt Middaugh

Product Inventory remains one of our bigger industry challenges for 2010. We all agree last year had its ups and downs - one of the hangover effects is that our factories did not know what to expect for 2010 in terms of product volume. After years of expanding inventory, styles, and colors, many factories held back purchases. They needed to go through existing inventory before bringing in new merchandise. We are checking inventory levels on orders before order placement - where an item is out of stock, we're finding alternative colors or products. Even with this level of diligence, stock may be exhausted when the actual order is placed... Fortunately, we still have thousands of items available and are finding great replacements. We are also seeing factories re-stocking quickly now that some "comfort level" has been reached in terms of overall economic growth.