Death of A Thousand (Margin) Cuts

By |August 13th, 2019|Categories: Articles by Abe Sherman, Budgeting & Planning, Financial, Inventory Management|Tags: , , , , |

We’ve all gotten our share of small paper cuts, which might sting a bit, but are quickly forgotten. However, if you were to receive 1,000 small paper cuts all over your body at the same time, you would certainly notice them!

Comments Off on Death of A Thousand (Margin) Cuts

I’m Sorry You’re Bored

By |August 6th, 2019|Categories: Articles by Abe Sherman, Inventory Management, Trade Shows, Vendor Relations|Tags: , , , , , |

We were attending a trade show a few weeks ago when one of our clients walked up to me and said, “I’ve never been so bored at a trade show”.

Comments Off on I’m Sorry You’re Bored

Vanity, Sanity & Reality

By |March 8th, 2018|Categories: Articles by Abe Sherman, Budgeting & Planning, Financial|Tags: , , , , |

I mentioned to him offhandedly...that we work with jewelers who have very impressive top line sales...with very low net profit as well as challenging cash flow, to which he simply said: “Vanity, Sanity & Reality”.

Comments Off on Vanity, Sanity & Reality

Forget Budgets!

By |February 22nd, 2018|Categories: Articles by Abe Sherman, Budgeting & Planning, Inventory Management|Tags: , , , , , |

When you think about the budgeting process (work with me here) you have to look back at your history, sales and margin trends and changes in expenses, inventory levels and profit. Zzzzzzzzzz… So, don’t look back, look forward.

Comments Off on Forget Budgets!

Throwback Thursday: Life in the Fast Lane

By |September 26th, 2016|Categories: Articles by Abe Sherman, Inventory Management|Tags: , , , |

Cars take up space. Inventory takes up dollars. A well oiled merchandise highway allows plenty of space (dollars) for new product to enter from the right, and move from lane to lane without obstruction. As these products accelerate, other merchandise gets out of the way to allow their passage. They beep and wave as they go by, and exit off to the left at often blazing speeds.

Comments Off on Throwback Thursday: Life in the Fast Lane
Go to Top