Bridge Buying
The Alberta hospitality industry continues to be challenged by competitors both within their local market and through the fast growing segment of online ordering. To further combat the competition, retailers have focused on driving a unique and convenient experience for consumers while maintaining a comfortable profit margin. One strategy that continues to be important is bridge buying product to supplement just-in-time inventory needs. To be successful buyers need to consider the pros and cons of each strategy to ensure the business is enhanced and cash flow is not tied up in inventory for long periods of time.
