Resources for Wholesale / Retail Industries
Wholesale and Retail business focus on importing products from a number of manufacturers or downstream wholesalers in bulk. They then repackage this into smaller quantities of a size that their customers want to purchase. They make their money from a markup on the price they pay for the product they purchase. 12Faces tools likely to be particularly relevant to wholesalers / retailers are gathered here. Yellow Belt
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Much of the profitably of these businesses is determined by their management of inventory; buying at the right price, stocking the right volumes and so on.
This group brings together some relevant 12Faces tools covering inventory management.
Cost of Over and Under Stocking: looks at the cost to the business of running out of product and of having too much product.