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THE MODEL STOCK PLAN
Case 8. WiLsoN BROTHERS, HABERDASHERY
MANUFACTURERS AND WHOLESALERS
Several manufacturers in different fields have introduced
model stocks without having the assortments standardized
for all classes of stores. These assortments are specially
fitted to the needs of each store. The manufacturer’s sales-
man, in collaboration with the buyer of the store, decides
the selection of items and the number of each item to be
stocked.
In this class comes Wilson Brothers, Haberdashery, whose
salesmen make available to each store recommendations
based on:
1. The generalized experience of Wilson Brothers with
different types of stores which is summed up in certain rules
and percentages.
2. This experience as related to the individual character
of a store—its location, the type of trade it caters to, and so
on.
Case 9. CoopPERs, INC. MANUFACTURERS OF MEN’S
UNDERWEAR, ETC.
Most of the model stocks already described in this chapter
fall into one of two classifications. They are based on:
1. An analysis of the manufacturer’s own sales. Example,
The Esmond Mills.
2. In the field of wearing apparel, a study of the physical
variations of the consumers. Examples, Royal Worcester
Corsets and Gordon Hosiery.
A third classification, far more rarely met with is:
3. A study of the retailer’s stock’s requirements in the
particular department.
From the merchant’s point of view, the third type of
approach seems more logical and more likely to yield him the
greatest total profits. As we know, this is the type of study
that most closely approaches the most effective application
of the Model Stock Plan.
To this class belongs the method employed by Coopers,
Inc. They trained their salesmen to become expert advisers