The Concord Difference: UCARE Inventory Management System for Company Stores
Concord is a full-service corporate identity company with an innovative approach to managing inventory of branded merchandise. Our approach combines our unique
On-Demand Embroidery System with our UCARE Inventory Management Solution to create the most innovative logo merchandise programs. It significantly reduces our client’s financial commitment without compromising product quality and simultaneously increasing product selection.
UCARE:
Our unique UCARE inventory management system ensures the proper balance between product selection and inventory levels. To achieve this optimum balance, we:
On-Demand Embroidery System with our UCARE Inventory Management Solution to create the most innovative logo merchandise programs. It significantly reduces our client’s financial commitment without compromising product quality and simultaneously increasing product selection.
UCARE:
Our unique UCARE inventory management system ensures the proper balance between product selection and inventory levels. To achieve this optimum balance, we:
Understand your brand guidelines and corporate marketing objectives
Create the best possible product mix
Analyze the sales history and inventory levels
Refresh the product mix quarterly
Ensure compliance with agreements regarding inventory levels
Create the best possible product mix
Analyze the sales history and inventory levels
Refresh the product mix quarterly
Ensure compliance with agreements regarding inventory levels
Case Study
In 2004, a leading financial services firm was frustrated with their traditional promotional merchandise provider due to a limited selection and outdated products with inventory exceeding $575,000. Concord proposed a new business model that leverage “The Concord Difference.” Concord helped liquidate the old, excess inventory and simultaneously implemented our unique On-Demand Embroidery System and UCARE Inventory Management tool. After several years, the Concord program has resulted in increased volume and selection, yet inventory has never exceeded $70,000.
In 2004, a leading financial services firm was frustrated with their traditional promotional merchandise provider due to a limited selection and outdated products with inventory exceeding $575,000. Concord proposed a new business model that leverage “The Concord Difference.” Concord helped liquidate the old, excess inventory and simultaneously implemented our unique On-Demand Embroidery System and UCARE Inventory Management tool. After several years, the Concord program has resulted in increased volume and selection, yet inventory has never exceeded $70,000.
Description
Pre-Branded Apparel Inventory
Pre-Branded Specialty Inventory
Program Revenue
Inventory Turn
# of Brand Name Apparel Brands
# of Apparel and Bag Items Offered
New Items Introduced
Pre-Branded Apparel Inventory
Pre-Branded Specialty Inventory
Program Revenue
Inventory Turn
# of Brand Name Apparel Brands
# of Apparel and Bag Items Offered
New Items Introduced
Traditional Supplier
$375,000
$200,000
$900,000
1.6
2
29
Annually
$375,000
$200,000
$900,000
1.6
2
29
Annually
Concord
$0
$70,000
$1,500,000
21.4
8
180
Quarterly
$0
$70,000
$1,500,000
21.4
8
180
Quarterly