038 PHYSICAL STOCK TAKES MONTHLY

Physical stock takes monthly and make sure you walk the floor. So this one's kind of personal because as many of you will know, I spent a great deal of time working in manufacturing and trading businesses and in physical goods businesses. It is imperative that you know what's happening with your, I. To give you an example, when you are walking the floor, you may pick up on some slow moving or even dead stock, which you may decide to reduce in price or even write off.