Inventory is the single largest cost for any retailer, so optimizing inventory purchases is critical for cost control and cash flow management.
It's important not to over buy (leading to excess inventory and margin eroding markdowns) and equally important not to under buy (leading to stock outs, missed business and dis-satisfied customers).
Inventory planning involves establishing order quantities by style, color and size, along with delivery timing to ensure products are available when you need them.
We work with you and your team to understand production and transit lead times to ensure orders are placed at the appropriate time. We monitor the rate of sale for your products and identify when replenishment orders should be place to ensure you remain in stock of your top performing styles.
At Lemontree Advisors, our expertise extends beyond consultancy. We're your partners in achieving sustained growth and success.
Reach out and let us know how we can help. We'll be in touch to learn more about your business and discuss how we can help support your success.
Or if you're ready to start the conversation, schedule a complimentary consultation here.