The model stock plan

Bibliographic data

Monograph

Identifikator:: 1820833348

URN:: urn:nbn:de:zbw-retromon-210730

Document type:: Monograph

Author:: Filene, Edward A. http://d-nb.info/gnd/123562244

Title:: The model stock plan

Place of publication:: New York

Publisher:: McGraw-Hill Book Company

Year of publication:: 1930

Scope:: xiv, 253 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XI. An entire stock of bargains

Collection:: Economics Books

AN ENTIRE STOCK OF BARGAINS 153 already seen,! under the Model Stock Plan of operation we shall be buying a good deal of merchandise in the manufac- turers’ dull seasons. Dull-season orders are especially desirable to an intelligent manufacturer. So we may stimu- late prompt deliveries by letting our resources know that, all else being equal, we give our dull-season orders to those manufacturers who deliver most promptly in the rush season. Getting the right quality and the right price depends largely on our early knowledge of what our average customers will want to pay. The Model Stock Plan is our guide and helpful protector against paying prices beyond the reach of our customers. All through the buying process we must remember the good old common-sense rule that goods are worth only what they will bring. It is always possible that a given line of goods may, for some special reason, become so high priced that they climb beyond the price that the cus- tomer is willing to pay. For instance, at one time during the World War fur skins advanced so much in price that they were beyond the buying power of the masses of customers. Under these conditions, no great quantities could be sold profitably, even though our buyers might succeed in buying fur coats for 1o per cent less than the prevailing manufac- turers’ market price. To a considerable extent we must rely on our Model Stock tecords to help us know what customers want and whether we already have it. But we must not rely too completely on records for our information along these lines. Admittedly, a complete set of statistics tells a buyer each material he has in stock and how the items of any one material are distributed as to sizes and colors. Still, he is not performing his whole duty if he goes into the market solely with the information supplied by the stock records. He should know the actual merchandise itself and regard the records merely as a device to save him the time and trouble of counting it. We know, of course, that experienced buyers know all of the facts we are explaining here. But they are worthwhile, even though familiar to the reader, if they serve to bring out i Chapter X, p. 144.

Access restriction

Copyright

fullscreen: The model stock plan

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation