INVENTORY DISCREPANCIES (ENFORCING TERRITORY ACCOUNTABILITY)

SHOW NOTES (DRIVE VERSION)Episode Title: Inventory Discrepancies: Enforcing Territory Accountability (Episode 86) Episode Description: "By allowing his cashiers to continually corrupt the scanning data while he blindly adjusts the computer numbers, Robert is actively destroying your territory's net profit." In this episode of Drive, Mike Hernandez explains why District Managers must stop Store Managers from blindly adjusting computer inventory and force them to investigate the electronic journal to identify cashier scanning errors.What You Will Learn:The P&L Podcast: A special announcement regarding Episode Two of the new financial training series built specifically for store-level leaders.The Adjustment Failure: Why updating the computer numbers without correcting the cashier guarantees the inventory will be inaccurate again tomorrow.The Investigative Mandate: The exact conversation District Managers must have to force their Store Managers to analyze point-of-sale data instead of blaming customer theft.Territory Accountability: How enforcing targeted category audits across multiple locations maximizes your consolidated gross profit margin.Resources & Links:The P&L Podcast: Subscribe for free. The link is available at app.hiro.fm/channel/the-p-l-podcast.Download the Territory Inventory Accountability Worksheet: Text the code word SHRINK to 9 5 6 - 8 9 7 - 9 1 9 2.Recommended Listen: Arrive: Episode 96.Watch the Channel: Check out the YouTube channel and subscribe at @cStoreCenter.