Comments on: Moving Stock http://www.zdistrict.com/2007/06/12/moving-stock/ Sun, 14 Mar 2010 13:00:23 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Global Voices Online » Kuwait: The Good, the Bad and the Ugly http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-55338 Global Voices Online » Kuwait: The Good, the Bad and the Ugly Sat, 16 Jun 2007 18:03:17 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-55338 [...] And on his blog , Z district talks about a strange phenomenon with most Kuwaiti businesses. I have noticed this in Kuwait, but a lot of businesses face this problem when they are trying to move old stock. The way good businesses think is how to get rid of old stock and when it is more useful to discount below cost. The one thing you notice in Kuwait is that even if something is old they really don’t lower the price because they don’t want to lose a fils on the item. [...] [...] And on his blog , Z district talks about a strange phenomenon with most Kuwaiti businesses. I have noticed this in Kuwait, but a lot of businesses face this problem when they are trying to move old stock. The way good businesses think is how to get rid of old stock and when it is more useful to discount below cost. The one thing you notice in Kuwait is that even if something is old they really don’t lower the price because they don’t want to lose a fils on the item. [...]

]]> By: Marzouq http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-55253 Marzouq Sat, 16 Jun 2007 08:32:05 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-55253 Nora: yeah, they don't realize they are better selling it off a bit lower and making more off a new product! Nora: yeah, they don’t realize they are better selling it off a bit lower and making more off a new product!

]]> By: Nora-Cassandra http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-55015 Nora-Cassandra Thu, 14 Jun 2007 06:08:17 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-55015 I know what you mean some people are just so stupid in doing business!! It’s not just in Kuwait! I know what you mean some people are just so stupid in doing business!! It’s not just in Kuwait!

]]> By: Marzouq http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-54963 Marzouq Wed, 13 Jun 2007 20:42:55 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-54963 Waleed: That is the thing, there is a depretiation in price that has to go into affect! Muh'd M. Mansour: Because I live in Kuwait! hehehe Angel_Of_Deth: That is rediculous! They are damn old and they are still pricing them like that! What if they don't get people who are addicted to these items. Then what do they do! Laialy: The problem is that people don't even make projections on sales, they just bring stock! And that is the problem! They don't put items forwards! Ansam: Wow! That is annoying! I can't blame you for being short tempered with them! Waleed: That is the thing, there is a depretiation in price that has to go into affect!

Muh’d M. Mansour: Because I live in Kuwait! hehehe

Angel_Of_Deth: That is rediculous! They are damn old and they are still pricing them like that! What if they don’t get people who are addicted to these items. Then what do they do!

Laialy: The problem is that people don’t even make projections on sales, they just bring stock! And that is the problem! They don’t put items forwards!

Ansam: Wow! That is annoying! I can’t blame you for being short tempered with them!

]]> By: Ansam http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-54819 Ansam Tue, 12 Jun 2007 19:12:22 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-54819 True.. and this is one thing.... I was at the Ikea in the Avenues... and I wanted to buy something (a set of boxes that comes in two pieces) so you know how Ikea is huge.. I ask the salesguy to check if it was available in stock and he confirmed it, so I walk all the way to the cashier and pay, then to the pick-up desk... and guess what!? They are out of this item, and the funny thing they told me they have only ONE box!! How come when it should come in a set of two!! I was so agitated at this point! What kind of inventory system do they use!!! Now I have to wait in another line to get my money back... the whole process took me 30 minutes (getting in, looking for salesperson, ask him to check availability, checking out, and going to the pick up desk) they asked me can you wait for about 10 more minutes for paperwork! I said NO! LOL I guess the look on my face was clear and they did refund my money quickly! Why would I spend long 40 minutes in Ikea to buy a set of two boxes... here goes your system in Kuwait again LOL True.. and this is one thing….

I was at the Ikea in the Avenues… and I wanted to buy something (a set of boxes that comes in two pieces) so you know how Ikea is huge.. I ask the salesguy to check if it was available in stock and he confirmed it, so I walk all the way to the cashier and pay, then to the pick-up desk… and guess what!? They are out of this item, and the funny thing they told me they have only ONE box!! How come when it should come in a set of two!! I was so agitated at this point! What kind of inventory system do they use!!! Now I have to wait in another line to get my money back… the whole process took me 30 minutes (getting in, looking for salesperson, ask him to check availability, checking out, and going to the pick up desk) they asked me can you wait for about 10 more minutes for paperwork! I said NO! LOL I guess the look on my face was clear and they did refund my money quickly! Why would I spend long 40 minutes in Ikea to buy a set of two boxes… here goes your system in Kuwait again LOL

]]> By: Laialy_q8 http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-54797 Laialy_q8 Tue, 12 Jun 2007 15:18:24 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-54797 it might help to use methods such as JIT (just in time) or lean manufacturing ... i think some people just lack the knowledge of how to get rid of stock also some people don't realize that stock is money that you can't use -_- it might help to use methods such as JIT (just in time) or lean manufacturing … i think some people just lack the knowledge of how to get rid of stock also some people don’t realize that stock is money that you can’t use -_-

]]> By: Angel_Of_Deth http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-54780 Angel_Of_Deth Tue, 12 Jun 2007 12:43:20 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-54780 very true, it just kills me that still some shops in Ibn Khaldoun sell some old Palms Zire 71 & 72 and the T3 for 80 KD and 120KD!!! These items are obsolete!!! but since i am a Palm Collector and user, would love to own them one day in my life, and they still kick the ass of a WM5 handheld ;) very true, it just kills me that still some shops in Ibn Khaldoun sell some old Palms Zire 71 & 72 and the T3 for 80 KD and 120KD!!! These items are obsolete!!! but since i am a Palm Collector and user, would love to own them one day in my life, and they still kick the ass of a WM5 handheld ;)

]]> By: Muh'd M. Mansour http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-54776 Muh'd M. Mansour Tue, 12 Jun 2007 12:06:44 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-54776 wow...how do you know all these suff?... :) wow…how do you know all these suff?…
:)

]]> By: Waleed http://www.zdistrict.com/2007/06/12/moving-stock/comment-page-1/#comment-54772 Waleed Tue, 12 Jun 2007 10:48:21 +0000 http://www.zdistrict.com/2007/06/12/moving-stock/#comment-54772 You are absolutely spot on. This is the Marketing mentality in Kuwait. And the thing is they don't realize that a lot of people now are doing their shopping online. Myself, I order most my gadget from Amazon or similar places with a better price and more variety. You are absolutely spot on. This is the Marketing mentality in Kuwait. And the thing is they don’t realize that a lot of people now are doing their shopping online. Myself, I order most my gadget from Amazon or similar places with a better price and more variety.

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