A blog on issues affecting Australia's newsagents, media and small business generally. More ...

The value of a warehouse

warehouse.JPGWe have had our own small warehouse a few doors down from our head office since late last year. With three newsagencies and four card and gift shops to serve, the warehouse is making it easier for us to buy as a group and better manage stock. Instead of holding stock at the stores, most of it is held at the warehouse. This means we are spending less on our overall stock holding. It also means we are spending less time in each retail location managing stock.

While we have some kinks to iron out of our model, it is developing well.

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