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Bard spotting on Bluesky 23 September 2024 :marseyrandom:

Here we spot wild Bardfinn Bluesky activities.

Be valid and ping ! bardfinn for something worthwhile or create a new thread.

7
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ryan cooper (@ryanlcooper.com):

quite striking how much behavior among Objective Profit Focused Businesses is driven by fads and groupthink

Josh Sternberg (@joshsternberg.bsky.social):

Anti-theft deterrent also means anti-sales. Nice job, eggheads.

"Upon discovering that an item they want to buy is in a locked case, less than one in three shoppers (32%) get a store employee to unlock the case."

www.retailbrew.com/stories/2024...


Concepts of a Plan for "Himbo Heist" (@legalminimum.bsky.social):

I often wonder how much this is related to pay-on-scan inventory methods.


Dio (@dungeongilgameshi.bsky.social):

Can you explain your thinking?


Concepts of a Plan for "Himbo Heist" (@legalminimum.bsky.social):

It's tough in 300-character increments but I'll try.

At stores like Walmart and Target, the retailer doesn't take title to the inventory while it's on the shelf. Instead it's managed by a process called pay-on-scan.


Concepts of a Plan for "Himbo Heist" (@legalminimum.bsky.social):

The instant the product is sold to the customer, the retailer takes title to it and transfers that title to the customer. But while it's sitting on shelf at the retailer, the retailer doesn't hold title. Title is held by the manufacturer.


Concepts of a Plan for "Himbo Heist" (@legalminimum.bsky.social):

Now think how returns work in that context. I put 100 items on the shelf at Target (for example). 10 of them get stolen. 90 of them get sold. Target owes me the purchase price for how many? All 100? 90/100?


Concepts of a Plan for "Himbo Heist" (@legalminimum.bsky.social):

So layer onto that: I am now telling Target that they owe me money for products that they have no record of selling. How do they know the difference between selling 90/100 items and the other 10 got stolen and I only ever shipped them 90 items?


Dio (@dungeongilgameshi.bsky.social):

and this is why it is a Lays employee stocking the shelves at Krogers? They don't track the inventory until it is sold and they don't want your last point to happen.


Ms. Penny Oaken (@skywitches.net):

Kroger does track that inventory when it comes in - every retailer, when an outside vendor arrives with product to shelve, has a process to verify the contents of the delivery against a bill of lading, whether they technically legally take title to the products at that time


Concepts of a Plan for "Himbo Heist" (@legalminimum.bsky.social):

That part, where a Lays employee is doing the shelving, is related to category management, I think.

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