THE BLIND SPOT (DISTRICT INVENTORY HEALTH)
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About this listen
Show Notes (Drive Version)
Episode Title: The Blind Spot: District Inventory Health (Episode 73)
Episode Description: "My inventory is high, but my shelves are empty."
This is the classic sign of a "Ghost Store." For a District Manager, Phantom Inventory destroys Inventory Turns and makes sales forecasting impossible. If the data is wrong, the automatic re-ordering is wrong, and your stores are flying blind.
In this episode of Drive, Mike Hernandez teaches you how to spot a store with poor data integrity from your laptop. We discuss the High Inventory / Low Sales Disconnect, how to perform the "Trust the Truck" Audit during your store visits, and how to coach Managers to stop blaming the warehouse and start fixing their counts.
What You Will Learn:
- The "Ghost Store" Profile: How to spot data problems by looking at Inventory vs. Sales trends.
- Dead Money: How phantom inventory ties up your Open-to-Buy budget in products that don't exist.
- The "Trust the Truck" Audit: A simple 5-item check to see if your Manager is maintaining the system.
- The Career Path: Mike explains how using the C-Store Center network (Dive, Survive, Thrive) can save you training time and align your entire district.
Resources & Links:
- 📲 Download the District Inventory Health Scorecard: Text the word AUDIT to 956-897-9192.