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obsolete

Learning from competition encourages internal review

Often in business, we forget to do the obvious.  Focused on innovation and managing inventory, we can overlook what the competition is doing.  It is always a good idea to stay on top of how the competitor operates, and stopping by their place of business is an easy way to see how they do things.  They may know something you don’t, or you might just see how you can improve how you do business seeing things through the eyes of the customer.

How does your competitor receive their guests?  Do they take an active and aggressive or passive and suggestive approach to salesmanship?  Are they

Handling obsolete products

Manufacturers, wholesalers and retailers all have obsolete and discontinued merchandise, the sales or purchasing departments usually have the responsibility to liquidate this inventory, neither of which usually has the time or contacts to get the product moved quickly and efficiently.

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