Ep 93 - Excess Inventory Kills Toy & Games Companies

Mar 2, 2023

Excess inventory bleeds Toy & Games companies to death, unless the company makes bold steps to reduce the size of the problem. In this episode we cover in detail the issues caused by excess inventory, why inventory represents a recurring challenge which needs to be constantly managed and we look at some case studies of best and worst practise.

 

Our business is a Consultancy to Toy & Games companies. We have worked with more than half of the biggest Toy companies in the world, as well as 100+ startups and small businesses. Our main areas of business are:

• Export Sales Consultancy - let us help you sell more of your products overseas.
• Growth Consultancy for start ups with funding
• 'Traditional' distribution Consultancy for companies who launched with success on Amazon and want a fast track acceleration into other 'traditional' Toy & Games distribution channels around the world.
• Strategic Sourcing Consultancy - we advise companies on how to diversify their sourcing from being over reliant on China to other geographies including India, Vietnam, Indonesia, Mexico & Europe.
• Recruitment - many of our clients who we have helped with expanding their distribution come back to us to help them find key staff members to allow them to go direct to retail in key markets.
• Consultancy phone calls - this is the entry level service we offer, comparatively low cost, but normally rated 5/5 in terms of value & impact from our clients.

To find out more about our Consultancy services & how we can help your business, just click here: www.ToyIndustryJournal.com/toy-business-consultancy