The Plan is My Jam!
Very few people plan inventory in layers. We suggest planning by category, price-point and style, or, for your branded lines, start with vendor, then category, price-point, and style.
The Banking Crisis
We cannot escape the news (and noise) about recent banking issues along with the questions we’re getting from clients about how they should handle their bank balances.
You Reap What You Grow
It is stunning, albeit not at all surprising, to have witnessed the extraordinary rise and collapse of manufactured diamond prices in what should be measured in months, not years.
Chicken or Egg?
If you are following us on LinkedIn or Facebook, you may have noticed the steady stream of new BIG Network™ vendor announcements over the past couple of years. As of today, we have about 90 brands in the network with more on the way!
Tucker is an Optimist
Hours can go by without any sign of Tucker – I never know where he is in the house, until I open up the refrigerator or a package of food.
Nowcasting
Ah, the elusive forecasting model – let’s predict future revenue based on prior results and current trends.
Compared to What?
There has been so much talk about recession, causing what I feel is unfounded worry. This is not to say that you should be planning for sales increases, but that you understand how you might want to compare this year to 2020 & 2021, which were arguably the best performing two years in our industry’s history.
You Have to Kiss a Lot of Frogs
We can’t find good people! This isn’t a new assertion of course, but lately it seems I’ve been hearing it a lot more. They are out there...So, go find them!
Business Transition – A New AGS Initiative
Successful business transitions require time and careful planning – in most cases, many years of planning. Transitioning ownership, whether within families, to employees or to outsiders each come with their own unique challenges.
Bottoms Up!
How do you plan and merchandise your inventory? While we have been talking about the four steps of merchandising for nearly 20 years, the impact that 2021 has had on your merchandise assortments requires a more comprehensive analysis of your business. Last year was a welcome surprise, but it was surprising nonetheless, catching many somewhat off guard when it came to proper inventory planning.