Aside from weekly dated merchandise reviews, product rotation should be completed during Stocking promo, quick pick, delivery day, planograms.
Product rotation is a way of reduce possible stock loss due to expiry. When rotating stock is certain to use the FIFO rule, and also confirm expiration on all products. If a stock item is about its sell-by date, stock may be deduced. Its price is lessened to get more attractive to customers.
Reduced stock is most often included in the rotation of stock, and as a result is moved to the front of the shelf before any un-reduced stock. Managing inventory and stock rotation are keys to success and profits to any retail institution.
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