Spence Hoffman has 15 years of experience in the point of sale industry. Currently, he serves as the VP of Product at POS Nation. He holds an MBA from Appalachian State University and has three children. Outside of work, Spence is passionate about playing the guitar and enjoys traveling with his family.
Everyone loves a good clearance section, but when unsellable goods take up space in your warehouse, they become a problem. That problem? Dead stock. Without proper
Merchandising, employee training, and vendor management. These are just a few of the small things that add up to big wins — or losses — depending on how you manage them.
Inventory management is more than a process — it’s key to your retail store’s success. More than that, every day your business is operating without a solid inventory strategy, it costs you time, money, and customers.&...