Recently we had a holiday on the NSW Central Coast and needing a few bits and pieces I ventured in to the local department store.
The store was absolutely full of stuff! It reminded me a bit of when I used to go shopping with my Mum 35 years ago at the discount food store with everything everywhere. Talk about retail aversion therapy!
Being in finance with an engineering background I tend to subject ideas to more analysis than a psychiatrist’s couch so I left the shop wondering if it could survive. The overriding impression was that it had far too much stock. Simply, there seemed to be far too much money locked up in “them there” shelves.
Surely there was a better way! I had an inkling that maybe it was the sort of question that requires some serious science. Maybe NASA knows.
Read More...