One-Liner
Remember, you are unique. Just like everybody else.
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One-Liner
62.7% of all statistics are made up.
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One-Liner
There are 3 types of people in this world–Those who are good with numbers and those who aren’t.
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One-Liner
I have nothing but respect for you…and very little of that. (Groucho)
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What Is Missing In Retail Systems
Last month, I pointed out that most golf retail systems were focused in the wrong direction when it comes to inventory management. So what is missing? A lot of valuable statistics, that’s what. But if I could only have one statistic from a retail package, it would be the Stock Turn Rate (STR) and you should hear the Hallelujah Chorus in the background when these words are spoken. It measures how many times an invested dollar is sold over a year.
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One-Liner
99% of lawyers give the rest a bad name.
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Retail Isn’t Detail
As a veteran of systems sales in both golf and specialty retail, I am amazed to see what many software providers believe inventory management is. I guess I should not be surprised since many of these companies have sought the advice of customers to build and modify their products. Let’s face it; green grass golf retailers did not get into the business to open a retail store. They did it because the golf course had to have a place to collect green fees and sell some products needed by golfers. Retail experts, they are not. But don’t feel slighted; most retailers have little more insight into inventory management.
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