Estate Buyer to Inventory Line

From this point on the Wholesale Unit (WU) is to never wholesale anything without first offering it to both the sales manager and inventory manager. To do otherwise is wasting potential profit to the store. (except items that are obviously scrap and are not in or can not be easily put in a condition to sell. The “scrap” bag should also be shown to inventory and the sales manager as they have a much better idea of what can and cannot be sold retail.)

WU upon buying items, takes a picture of the item or items and puts them into Biz Mind under Street Buys or Pawn. Notes are complete as to what cost is allocated to what and a selling price based on our standard mark over adjusted.

By doing this it accomplishes several things:

1. All data is known and when it does come out of hold all the data is there and just needs to be sold. No multiple handling of items 2 and 3 times
2. Inventory can simply transfer single items into store inventory and adjust for repair or at least have all the data to hand
3. Items don’t go unaccounted for and are less likely to be lost or stolen
4. Sales can work on having the item sold as soon as they come out of the buy or pawn box.
5. It keeps Sales and others from rummaging through WU’s safe and distracting them. It also will free WU’s time by having to answer a bunch of questions from several salespeople about the same item
6. Sales can at any time check what is on hold and can more quickly search for items to meet customer requests.

Prices should not be quoted until the item comes back from repair and inventory has re-priced it. To do otherwise could blow the sale as the price could go up.

Inventory can know what items are coming that they need to purchase and allocate money for these items.

If a sales manager is “on the ball” he can connect items in WU with sales.