A sporting goods company, currently its A brand has nearly 2,000 retail outlets, suppose you are the merchandise operations staff of A brand, responsible for the inventory management of your region, now, A brand general manager asked you to analyze the health and reasonableness of the existing 5 billion hanging inventory of A brand, there are several analysis dimensions as follows, which 3 you will give priority to, please rank them in order of priority and explain the simple reason. 1. From inventory to sales ratios. 2. From the degree of product newness. 3. From Q-season corresponding sell-out. 4. From product best sellers, flat sellers and lag sellers. 5. Combined with industry standard comparison. 6. Inventory turnover days.
A sporting goods company, currently its A brand has nearly 2,000 retail outlets, suppose you are the merchandise operations staff of A brand, responsible for the inventory management of your region, now, A brand general manager asked you to analyze the health and reasonableness of the existing 5 billion hanging inventory of A brand, there are several analysis dimensions as follows, which 3 you will give priority to, please rank them in order of priority and explain the simple reason. 1. From inventory to sales ratios. 2. From the degree of product newness. 3. From Q-season corresponding sell-out. 4. From product best sellers, flat sellers and lag sellers. 5. Combined with industry standard comparison. 6. Inventory turnover days.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:A sporting goods company, currently its A brand has nearly 2,000 retail outlets, suppose you are
the merchandise operations staff of A brand, responsible for the inventory management of your
region, now, A brand general manager asked you to analyze the health and reasonableness of the
existing 5 billion hanging inventory of A brand, there are several analysis dimensions as follows,
which 3 you will give priority to, please rank them in order of priority and explain the simple
reason.
1. From inventory to sales ratios.
2. From the degree of product newness.
3. From Q-season corresponding sell-out.
4. From product best sellers, flat sellers and lag sellers.
5. Combined with industry standard comparison.
6. Inventory turnover days.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education