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Inventory Resourcing

When you're out widgeting/resourcing/junking (whatever it is you call it)

 

......And you run across a "deal".  Do you take them "all"?  Or do you leave some for the others huddled around the area whose antennae have gone on full ALERT that there is a lady shoving armloads into her cart?


....... "The Ranger isn't gonna like it Yogi"......... Boo-Boo knew what he was talking about!


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Yes, I have no Bananas, only Flamethrowers.......
Message 1 of 79
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Re: Inventory Resourcing


@rosachs wrote:

@nuclearomen wrote:

@a_c_green wrote:


I don't use the stuff anywhere near as fast as you do, so when the time came to retrieve the third bag from the basement, I had a nasty surprise. It turns out that the organically plant-based "popcorn" is delicious to various critters, and the bag had not one but two neat round holes chewed in it, with about two-thirds of the contents gone. (Apparently one hole was the Entrance and the other was the Exit, with a little pile of after-dinner mouse mints next to the checkout.) It looks like the mice had been running a special, three popcorns for the price of one, and sales were going pretty well, except for two mice fighting in the corner because one was trying to buy the whole lot... which I think is where we came in to this...

never had that problem, but, yes, critters love popcorn and boxes. I usually do not purchase popcorn from staples, one reason is it's too f'n much $7.50 for 1 cubic foot of popcorn? lol, can get 4 c.f. for approx $10 and free shipping - it's a fools market staples, and they rip people off all day long and have them leaving with a smile. Not to mention that 1 c.f. last me 3 shipments (4 if I'm stingy with it). Just got cause had the coupon. Really isn't anything there i need other wise. 


When I was selling shoes, there was a box supplier I'd visit every couple of months (my SUV was only so big) - bundles of the shipping boxes I used, cases of tape, rolls of bubble wrap, and 25CF bags of packing peanuts for $20.  I'd end up with boxes stashed in the front passenger seat (leaving space to see out the window and the passenger-side mirror), center row seats flattened, third row seats flattened, and stuffed floor to ceiling.

 

If you packed it right, you could get around 300 boxes and two bags of peanuts into the truck at one time.  I had to plan things right - the supplier gave a better discount for larger orders, but if I bought too much, I'd have no way to get it home!  Once my youngest got his first Ranger, we'd take both trucks and I could get as much as 1000 boxes (about 3mo supply) and three bags of peanuts in a single trip!!  Didn't need it for Christmas... needed it for Spring.  Seems everyone buys new running shoes in the early spring!  🙂

 

-Bob.


yeah, if you can get good deal grab it, especially locally where you can pick up and not pay shipping charges...that's where the heavy prices come in. Even Uline, their prices are pretty good, once add shipping though it's pretty expensive. 

The great truth is there isn't one
And it only gets worse since that conclusion...
...There is something about the rigid posture of a proper, authentic blind
As if extended arms reached to pass his blindness onto others.
Message 76 of 79
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Re: Inventory Resourcing


@creativecrisis wrote:

Did you have a right to buy what you bought? Sure. It was for sale, and you paid for it. But I think maybe the missing point is that thrift stores are one of the few places where people like your $8/hour cashier can afford to shop.

 

When we source at thrifts, we reduce the options for people with limited means who rely on those stores.  I think when shopping for resale, it's a good idea to be mindful of how our purchasing can affect others. Recognize that something we want (so we can make money on it) could be a need for someone else.


I thought about this a lot for several weeks... and then I read an article that the US has a used clothing problem.  Basically, we throw out way more than thrift stores can sell.  In fact, if the article was properly researched, it sounded like they bundle and export more clothing than they sell on the floor!  Which means there is NO END of supply for those thrift stores... whatever sells today is probably just a portion of what was received today.  And you cannot receive more than you sell forever - eventually that excess has to go somewhere else - either out the front door as sold goods, or out the back door as bundles sold for fabric reprocessing.

 

I used to feel the same way about the stock on our retail floor -- we generally resell at 25-30% off retail, so we get a lot of traffic and move a lot of stuff, especially food.  And I used to feel bad about being able to just pick up what I wanted before it ever made it to the floor... but then I began noticing that there were a number of other stores in the area that had basically the same product mix as we did.  We all had discounted food products, discounted paper and toiletry products, discounted baby and feminine hygiene products.  What I was purchasing wasn't creating an issue for anyone because there were a lot of options if we were sold out.

 

I personally have never gone into a thrift store and seen empty shelves or clothing racks.  Never.  So either nobody is shopping there, or they have a supply-in-excess-of-sales situation, which may be why some items are priced so low (get them free, process quickly, sell for a very low but still profitable price so you can keep up with payroll and utilities, and do it all over again tomorrow) -- there's simply more coming in than going out.

 

If you want to feel better, check out the cars some of these complainers arrive in -- bet they're better than what you're driving!  Our outlet store ALWAYS has several top-end vehicles in the lot... Cadillac, Lexus, Infinity, Jaguar, Lincoln, and 4WD trucks that likely cost more than we paid for our house.  These folks are NOT hurting for disposable income... they're just bargain hunting like all the rest.

 

And unless the store manager is extremely distrusting and OCD, you can almost guarantee that the folks processing the incoming products know the sizes and preferences of several of the other employees and will 'set aside' items of interest until said employee can get a chance to check it out.  If it's desired, it will be priced and then set aside yet again, so that the said employee can pick it up after they clock out and pay for it thru the register just like everyone else.  In fact, allowing employees to purchase a certain dollar amount each week/month before it hits the floor, and probably at a lower-than-floor price, may be one of the few things that make working at that $8/hr job bearable.  I know it does for me.

 

I say -- purchase what you want and enjoy the experience.  The staff will be OK, they have folks looking out for them in back.  The customers will be OK - the ones who complain the loudest are likely reselling as well, just with more brass.  When you start seeing lots of empty shelves - then maybe cut back on the bulk purchases.  But until that happens, don't be rude, but don't be ashamed either.

 

-Bob.

RKS Solutions LLC logo
Ask me about SixBit and the tools I use to sell - I'm happy to share!
"A journey of a thousand miles begins by getting off the couch"
Message 77 of 79
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Re: Inventory Resourcing

@rosachs 

 

Funny that you bumped this thread up  - sold the last of the kitchen towels over the weekend.  Did not get rich doing it @7.99 a towel + shipping, but with a .99 cent investment, it has at least yielded several FB!  lol

 

Listed the first ones the end of September and sold the last one on 10-30!  


....... "The Ranger isn't gonna like it Yogi"......... Boo-Boo knew what he was talking about!


Posting ID Only.......
Yes, I have no Bananas, only Flamethrowers.......
Message 78 of 79
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Re: Inventory Resourcing


@rosachs wrote:

@creativecrisis wrote:

Did you have a right to buy what you bought? Sure. It was for sale, and you paid for it. But I think maybe the missing point is that thrift stores are one of the few places where people like your $8/hour cashier can afford to shop.

 

When we source at thrifts, we reduce the options for people with limited means who rely on those stores.  I think when shopping for resale, it's a good idea to be mindful of how our purchasing can affect others. Recognize that something we want (so we can make money on it) could be a need for someone else.


I thought about this a lot for several weeks... and then I read an article that the US has a used clothing problem.  Basically, we throw out way more than thrift stores can sell.  In fact, if the article was properly researched, it sounded like they bundle and export more clothing than they sell on the floor!  Which means there is NO END of supply for those thrift stores... whatever sells today is probably just a portion of what was received today.  And you cannot receive more than you sell forever - eventually that excess has to go somewhere else - either out the front door as sold goods, or out the back door as bundles sold for fabric reprocessing...

 


lol, I didn't have to think about this at all when it was posted, I just chuckled. The pure truth is that majority of these places get their inventory for free, and rarely purchase a thing. People "donate" all the crud these places have. I've see it first hand, they get so much stuff that over half of it is never even looked at, just re-donated to other organizations, salvation army, other thrift stores, churches, other charities etc... etc... There is a large percentage of the stuff that is gone through that is discarded to the trash. Especially clothing that were thrown into garbage bags, deposited into a donation box, removed from box, stored in sheds, garages, warehouses, backrooms etc... for who knows how long before someone ever even opened the bag/box = raunchy, mold ridden and whatever else can think of clothing. Then there is the "what actually makes it to the floor" aspect...and here you have the "good" stuff and they are generally priced cheap, $3-5 for pair a jeans so on and so forth. And that is all just in mirror of clothing items not to mention all the other junk they get. 

Idk exact time frame, but lets say for good measure 15 years ago, what really came out of trend and replaced with a new(er) trend (new(er) cause it wasn't new just started to see tons of appearing up everywhere) were consignment shops - yes they are everywhere and do basically the same thing as thrift stores but usually they pay for what they have on a consignment basis with seller on the items they want sold and generally these places have much higher quality standards with the reduced prices from retail but higher then the cost of items at thrift stores... usually, especially in terms of women's clothing etc... name and luxury brands...(i.e. coach, guess, blah blah blah). These places seem to take the bulk of business from your classic Thrift and Good Will stores by people looking for better quality and can/will spend the more money for items but still usually cheaper then full retail or newest season lines by those makers. And again, these type of stores don't just do clothing either, some do, some don't but some will do furniture, electronics, house hold items etc... and none of them have a shortage of items or supply of items either. 


The great truth is there isn't one
And it only gets worse since that conclusion...
...There is something about the rigid posture of a proper, authentic blind
As if extended arms reached to pass his blindness onto others.
Message 79 of 79
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