{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Thrive: Leadership Skills for C-Store Managers","title":"Managing Inventory and Minimizing Waste","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/7c9fff11\"></iframe>","width":"100%","height":180,"duration":1057,"description":"Thrive from C-Store Center - Managing Inventory and Minimizing Waste\nEpisode 36 Duration: 17 minutes\nJoin host Mike Hernandez exploring inventory management, waste minimization for convenience store managers. Learn efficient tracking, control, ordering optimization, waste reduction maximizing profitability, customer satisfaction, operational efficiency.\nEpisode Overview\nMaster essential inventory, waste management elements:\nInventory management: flow controlling, stock optimizing, challenge addressing\nTracking, control: manual, barcode, RFID, shrinkage preventing\nWaste minimizing: expired product, overstocking, damaged good reducing\nOrdering, replenishment: forecasting, par level, reorder point\nEmployee training: comprehensive program, ownership fostering\nPerformance measuring: KPI tracking, continuous improving\nInventory Management Understanding\nFoundation establishing:\nInventory management overseeing controlling good flow into, out store\nEnsuring right product available right quantity right time meeting demand\nConvenience store facing unique challenge limited space perishable good short shelf life\nEffective management essential optimizing stock level preventing stockout\nBalancing enough inventory meeting demand without overstocking tying capital\nInventory Tracking Control\nMethod implementing:\nTracking method varying manual spreadsheet to barcode scanning to RFID technology\nManual tracking sufficing smaller store time-consuming prone error\nBarcode scanning assigning unique code using scanner updating automatically\nOffering greater accuracy efficiency larger store\nRFID using radio frequency tracking item real time unparalleled accuracy\nAccurate count essential identifying discrepancy preventing shrinkage\nReal-time tracking enabling quickly identifying difference investigating promptly\nControl measure implementing regular audit stock rotation FIFO LIFO principle\nAudit physically counting verifying accuracy identifying discrepancy\nRotation ensuring older product...","thumbnail_url":"https://img.transistorcdn.com/IC64CMUXXIPsHsu2Qrjl3FMVeGR5CQc1gMIBkPlla3A/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YTUz/NzllYTU3MzYyNzll/YjM0YTUyNzEzMzIx/ZWQ2OC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}