In the environment in which retailers now operate, financial success requires a commitment to proven business fundamentals. In retail, exceptional cash flow requires exceptional inventory management. In this OnDemand Webinar, learn how inventory management directly impacts cash flow, the core fundamentals of exceptional inventory management, and many practical retail inventory management tips that can apply directly to your business.
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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Inventory Management Fundamentals
- Active Inventory Management and Lean Inventory
- Inventory Turnover and GMROI
- Open-To-Buy Versus Staple Replenishment
Budgets and Benchmarks
- Retail and the Role of Data
- Sales Planning
- Inventory Planning
- Executing the Plan
The Inventory Management Toolkit
- Driving Inventory Turnover
- Minimizing Markdowns
- Delivering a Peak Season
- The Power of New
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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 27, 2013.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Ted Hurlbut
Hurlbut & Associates
- Principle of Hurlbut & Associates bringing more than 30 years of retail expertise to his clients
- Works with both large corporations and family-owned businesses, in retail, wholesale and distribution settings
- Regularly conducts retail seminars on inventory management, sales growth management, cash flow management, open-to-buy and other related topics
- Regular contributor to Inc.com and RetailWire, and writes regularly on his blog, Retail Perspectives
- M.B.A. and B.S. degrees, Babson College in Wellesley, MA
- Can be contacted at www.hurlbutassociates.com or [email protected]
More Program Information
Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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