Our stock is one of the most significant areas of loss in our businesses. We either don’t see it because we lack robust stock control processes, or we see it when we do a stock take, and we end up writing off stock that we don’t have.
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After 17 years in flooring retail and 15 years in systems for flooring businesses, I'd like to share my perspective on how quantifying holds back flooring businesses. I have experienced it myself, and we regularly interact with clients who face the same challenge.
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When customers stop walking in, every missed sale hurts—SWOT can help turn that around.
We are negotiating some interesting times, and when things are interesting, consumer confidence tends to fall along with spending.
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