56
THE MODEL STOCK PLAN
into the Model Stock Plan is to have the buyer in touch
with customers in the store. An elaborate system is not
imperative, certainly not in a small store, if the buyer is
present to hear the comments of customers, to see how they
like the merchandise, and to note what changes or different
styles and varieties they ask for.
The task of a real merchandiser is not selling to the public
nearly so much as buying for the public. The emphasis is
deservedly on “buying for.”
The fundamentals of merchandising are simple, but the
great mass of details is likely to obscure fundamentals,
Retail merchandising in a store of some size involves a great
many elements. Yet it need not be complex, for each part
of the task should be handled as a single simple part which
has been designed in relation to the whole. When a fairly
complex operation is resolved into its component parts, it
becomes simple.
The complexity is taken out of the task by charting the
details and by having a definite set of principles and methods
such as the Model Stock Plan. As we have seen in this
chapter, it is comparatively simple to devise records that
can be used to help us in following the basic principles that
pay greater total profits.
The Model Stock Plan and its records embody methods
for making, in advance, a complete outline of a proposed
merchandise stock for an approaching season. It is a simple
planning, buying, and control method. It approaches the
problem of merchandising by practical, logical method
and, by substituting facts and experience for opinion,
succeeds also in increasing goodwill, getting a rapid rate of
turnover, minimizing losses, and increasing total profits.
Adopting the nomenclature of the Model Stock Plan does
not mean that the plan is adopted. There has been a fairly
* The logical outgrowths of this idea result in a conception of the depart
ment buyer's function which is materially different from the commonly
accepted usage. Under the fullest application of the Mode! Stock Plan, the
buyer’s opportunities to increase his department’s profits and, consequently,
his own earnings are tremendously increased, as is explained further in
Chap. XVI, p. 228.