What waiting does.
How to react to falling markets in peak season
JUST IN TIME INVENTORY
MADISON'S LEAD TIME AND PRODUCTION CAPABILITIES
WHAT CAN BE DONE?
- Limit "just in time inventory" whenever possible and save the quick ships for real emergencies.
- Be aware that there is a time stamp on every order that dictates where it sits in the lineup. Waiting until Monday to place your orders puts you at the back of a very big line.
- Consider the sales lost due to not having the inventory on the ground the moment the contractor walks into the store.
- Average your prices as you buy down.