HOW TO PLAN AND CONTROL A MODEL STOCK 65
greater encouragement to and cooperation with skilful, able,
forward-looking manufacturers and would do much to reduce
some of the needless wastes that now constitute a part af the
general cost of distribution.
Another record that ties squarely into the Model Stock
Plan by helping to maintain complete stocks is a weekly
analysis of how much the department is open to buy,
classified by kinds of merchandise. It should always be
made out before purchases and, usually, every week whether
the buyer is going to buy anything or not. It enables him
to act quickly when he does not know in advance that he
needs to, and to take quick action in the direction of mark-
downs or greater publicity on goods that are not moving fast
enough.
Has it already been made clear that records of goods sold
may not be a sufficiently complete basis for judging cus-
tomers’ wants? We may not have the goods that many
Customers want, even though we have kept in touch with
markets and have faithfully shopped competitive stores. It
is always possible that, even though competitors may have
these goods, we do not yet know it. Or possibly a new cur-
rent of demand may be setting in, and no store is yet supply-
Ing the goods. Being first under such circumstances means
greater total profits.
Naturally, even the best of sales records under the Model
Stock Plan will not show any demand for goods of which we
have none. For this purpose we have records showing
Customers’ calls for goods that were not on hand. If a
Customer asks for goods in our field and we cannot supply
them, the buyer should be informed. We may not need to
Carry them. We may not be justified in carrying them.
But, in any event, we are all agreed that we should know that
Customers have inquired for them and why the inquiries were
not satisfied. Some kind of call-slip system is a requisite
in connection with the Model Stock Plan if it is to fulfil its
function completely.
An important point in this connection is my firm belief
that about as good a call system as can be devised to fit