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When it comes to managing inventory and supply chains in today’s competitive world, Canadians have it tough. With over 5,000 kilometers from coast to coast and a highly decentralized population spread across 9,984 square kilometers of land, it’s not always easy to have the right inventory at the right place at the right time.
Today is Friday the 13th. So as an ode to the classic horror films of the 80's I thought I would share a chilling tale of selling-problem-assets gone wrong. Fortunately for the sake of this blog, I have many experiences from which to draw, but none more scary than a client's story of the asset that just wouldn't go away.
This weekend in Toronto I’ll be pulling out my golf clubs earlier than ever to head to the driving range to get my swing in shape for an extended golf season thanks to the “winter that never was”. A recent article by Marina Strauss of the Globe and Mail outlined the effect that the weather has had on retailers forced to discount winter seasonal merchandise and scramble to get their hands on spring and summer merchandise inventories.