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 XIII. More profits for producers and distributors

Collection:: Economics Books

190 THE MODEL STOCK PLAN been increased! from an annual average of 4, 5, or 6 to 15, 18, zo, and even 22. CASE 3. Six OTHER Sik HOSIERY MANUFACTURERS Other hosiery concerns—Artcraft, Blue Moon, Holeproof, Finery Coral Band, Dexdale, Ruby Ring—followed the general line of the Gotham Gold Stripe reorder plan, begin- ning about 1927. The Finery Silk Stocking Company, making Coral Band Hosiery, offers three model stocks for stores doing $20, $30, and $50 a week, respectively. The booklet this firm puts out describing its model stock plan says: “By merchan- dising any one of these stock levels, following the Finery methods and suggestions, you will be able to get at least 10 turnovers per year. Since the merchandise is billed to you on 30-day terms, no cask investment is required at alll” Case 4. CanNoN ManuracturiNg CoMmpaNY, TOWELS The model stock plan used by this company includes a standard assortment averaging: 20 to 23 styles of Turkish and huck towels in 8 principal retail price ranges. 5 to 8 styles of bath mats in 3 principal retail price ranges.? 5 to 8 styles of wash cloths in 3 principal retail price ranges. Styles from this standard assortment are featured in Cannon’s national advertising. The mill carries open stock of each color and each style in the standard assortment and promises 48-hour shipment on any order or reorder. It is of particular interest that the items in the standard assort- ment are offered in definite retail price ranges. Of course, 1 Faster rate of turnover is a major advantage to a store using the Model Stock Plan. How the simplification and standardization of prices at three full-line prices under the Model Stock Plan makes possible more stock turns per year is explained in Chap. VIII, p. 110. 21n these two classifications of bath mats and wash cloths, the Cannon price ranges agree exactly with the number provided for under the Model Stock Plan. It is probable that the Turkish and huck towels actually com- prise more than “a given class of goods” such as was discussed in Chap. III, b. 37, and that, therefore, even under strict interpretation of Model Stock Plan principles, more than three retail price ranges would be necessary.

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