ARMS USA 1.800.228.9073ARMS Australia 1.800.804.333ARMS New Zealand 0800 000 673

Lessons From a Wholesale Club

Have you ever been to one of those “wholesale clubs” and purchased a monster-sized jar of ketchup?  Or perhaps it was peanut butter or fruit cocktail.  Whatever is was, you bought such a big jar because it seemed like such a terrific value.  But then a few months...

The Real Cost of Old Inventory

All jewelers equate the problem of old inventory with having too much cash tied up in an unprofitable asset.   But how they define that cost varies widely and we have heard some “reasons” for carrying old inventory that are merely a skin of truth wrapped around a...

What’s So Special About Special Orders?

Have you ever stopped to consider how much of your profit comes from Special Orders?  It’s a certainty that they cost you more than selling something out of your cases.  Taking time and resources to hunt down, order, inventory and follow-up on special orders can put...

The Nightmare of Stocktake

Many retailers schedule their stocktake to coincide with the end of the financial year. With stocktake, more commonly known as the ‘retailers’ nightmare’, comes stress for managers and store owners.  At ARMS we understand the trauma that stocktake can create so we...