Retail Inventory PUSH Model Explained

    Retail Inventory PUSH Model Explained

    In a “Push” retail inventory model, products are selected by buyers, a forecast is developed for anticipated sales, products are sent to the stores to supply that forecasted demand and if the products are replenished, they are replenished from headquarters...
    How to Manage Obsolete Inventory

    How to Manage Obsolete Inventory

    Obsolete inventory ties up cash. It requires close monitoring to maintain the appropriate level of stock. For most retailers, poor buying decisions lead to poor cash flow. Review aging inventory. Reduce prices to sell slow-moving products and free up the cash to...