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The Key to MANAGING Music Product Inventory

Time: Sat January 15, 2:30 pm

Presented by Alan Friedman, CPA, Friedman, Kannenberg & Company, P.C.

You’ve identified the product your customers want, you’ve negotiated favorable payment terms with your key vendors, and you’ve implemented a great commission plan to motivate your sales staff.  But cash is still tight, supplier invoices are aging and we all know why: too much inventory.  Even if you guess right most of the time, you’re still going to guess wrong some of the time. How do you overcome these buying blunders? This session will teach you how to fix buying mistakes and “manage” your inventory. Alan Friedman, a CPA with several music dealer clients, will present his “one-page solution” to managing your entire inventory.

©2008-2012 NAMM, the National Association of Music Merchants