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Tag Archives: Inventory

How the best dealers manage turns

Over the last decade the boating industry has seen both sides of the inventory challenge.  In the 2007-09 period, we saw dealers stuck with way too many boats when the housing market – and then the rest of the economy – crashed. With dealers dropping left and right and consumers defaulting on loans, excess inventory and repossessed vessels flooded the ...

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Automate your inventories to stay competitive

The grocery industry and the boating industry are, on the surface, completely different from one another. After all, one is a need-based industry while the other is want-based. However, there is a lesson we can learn from the grocery industry’s resistance to change. According to an article in The Washington Post, the typical manager of a food retail shop is ...

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Regifting

By Peter Granata, president, Granata Design and the Marine Design Resource Alliance -- December 17 is National Regifting Day. For those of you not familiar with the practice of regifting it is described as the act of taking a gift that has been received and giving it to somebody else, sometimes in the guise of a new gift. To paraphrase ...

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Control inventory?

It's no secret that matters affecting inventory are highly sensitive subjects these days. Just this morning, as an example, we've had three e-mails cross our screens related to inventory issues. The first was a boating business service provider who said our recently released inventory management e-white paper didn't drill down deeply enough. The second was an industry-leading dealer who suggested ...

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