Inventory: Managing Your Store’s Biggest Investment in the Post-Pandemic

Video

The pandemic presented new challenges with the inventory supply chain, from the availability of product to the early commitment of future stock orders to overstocked inventory. This appears to have exasperated the age-old challenge that managing music product inventory isn’t just buying and stocking what you can sell; it’s also managing what you can’t sell. Ever wonder how some retailers seem to master the art of keeping inventory fresh and quickly turning it into cash and profits? If so, check out this session from The 2023 NAMM Show with financial experts Alan Friedman and Daniel Jobe of Friedman, Kannenberg & Co. They share the time-tested secrets of how to buy, sell and manage your business’ largest financial investment — and move that investment from your storage area to your cash register.