Current Event #2
Article: Hoarders – The Business Edition: How to Eliminate Excess Inventory
https://www.entrepreneur.com/article/315703
I feel that the article that I have chosen for this current event assignment relates most closely
with Chapter 9, Inventory Fundamentals and Chapter 12, Physical Inventory and Warehouse
Management. This article starts off by talking about the massive amounts of inventory that H&M has in
their warehouses; which they seem to blame on new store openings and expansion of e-commerce
operations. But, this article points out that it is poor inventory management and underwhelming
product offerings. The article then goes on to talk about how overstocking inventory is a huge gamble
and can really easily lead to a loss within the company. Yes, inventory is necessary to make sales, but
having too much inventory means that you are binding capital. Having a surplus of inventory is bad for
