Goal:

• Increase inventory turnover by 2.97 over the next 5 years

Strategies

• Ensure efficient forecasting so as to keep inventory stocks down and also encourage customers by providing more lucrative deals on pre-orders which will help to keep the inventory stocks limited.

• Renegotiate with supply chain for removal of old stocks at periodic intervals.

• Analyse and keep only fast moving items in the inventory so that stocks that sell slow do not dampen the inventory turnover as sales continue with fast moving products.

Program Objectives

Year 1:

Year 3:

Year 5:

Impact Objectives

• Year 1:

• Year 2:

• Year 3: