As the Chief Strategy and Development Officer of a rapidly growing recession-resilient brand like Batteries Plus, I have witnessed firsthand how being proactive can pay off in the world of business. Now that we are in the recovery phase of the COVID-19 pandemic, more and more people are beginning to resume normal activities, sparking an increase in product demand throughout several industries. As many businesses struggle to keep their shelves stocked, we at Batteries Plus still have warehouses of products to last us the remainder of 2021.
So how did we do it, and can other franchisors offer the same support to their franchisees when it comes to inventory management? Let’s take a look.