NSSF is the trade association for America's firearms industry.
Our mission: To promote, protect and preserve hunting and the shooting sports.
NSSF is the trade association for America's firearms industry.
It's mission: To promote, protect and preserve hunting and the shooting sports.
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Posts Tagged ‘inventory’

Consignment Purchases: Good Deal Or Worst Nightmare?


What can go wrong with consignment deals? Consignment inventory offers are loaded with risk and hidden costs. Let’s take a look at these pitfalls.



From the Counter: Thriving in the Post-Election Retail Year – Part III


50-plus days into the Trump Administration, the shooting sports industry’s political dynamic has clearly changed. Retailers that experienced buying in the past are finding competing in an altered selling environment requires more planning and forward thinking to maintain a consistent bottom line. This column is the third of the four-part series, “From the Counter,” providing a perspective from firearms dealers offering strategies and adjustments to compete successfully in the new environment.



From the Counter: Thriving in the Post-Election Retail Year – Part II


Retailers that experienced panic buying in the past are hitting the reset button to compete in an altered selling environment, one that demands more planning and forward thinking to maintain a consistent bottom line. This is the second of the four-part series “From the Counter,” providing a perspective from four firearm retailers in four diverse regions of the country.



Criminals Don’t Take Holidays


While everyone wants to enjoy the holidays and take some extra time off, unfortunately that bit of downtime makes it prime time for criminals to strike. Most retailers and ranges will close on Christmas and New Year’s days, as well as their celebratory eves before. Many FFL owners will also shorten business hours to take […]



Retailer Seminar on Technology Trends is Must-Attend at 2017 SHOT Show


More and more FFLs are relying on advanced technologies to help manage their inventories, organize range reservations, screen employees, process payments and other day-to-day tasks. They’re also increasingly using technology to stay ATF compliant and secure through the use of electronic bound books, e-4473 forms and other firearms record-keeping chores. To help you keep abreast […]



Ace’s Sporting Goods — Outlook 2016


Welcome back to our series where manufacturers and retailers tell us about their outlook for 2016 and how they’re handling the pressures, peaks and valleys.



Buy Early and Often — Handling Inventory in 2016, an Interview with Sierra Bullets


Continuing NSSF's series of interviews with manufacturers and retailers and how they’re handling a hectic sales year, Pat Daly, President of Sierra Bullets, talks about what they’re doing to keep inventory levels appropriate to the times and retailers happy.



Veteran Retailer Advice—Finding Balance in a Hectic Sales Year


NSSF is talking with veteran firearms retailers on how to survive and thrive during the anticipated busy year ahead for our industry.



Double-Check Those Firearm Bar Codes


Today we have massive computing power in the palms of our hands that can, thanks to things like bar code scanners, make those inventory acquisition entries into your bound book a breeze. But . . .



Policy Making—Not Just for Washington


As members of NSSF’s team of FFL compliance consultants, we cover many topics during a retail site consultation visit. One that catches many by surprise is keeping store policies in writing.



Firearm Inventory Counts and Reconciliation — Compliance Secret No. 1


When we as members of NSSF’s FFL Compliance Consultant Team are out in the field with NSSF members during a compliance consultation visit, the question will often come up, “What’s one big secret to compliance?” We do have one, though it’s not really a secret. The “secret,” if you will, is about conducting careful inventory […]



Turn Rate—A Firearm Retailer’s Best Friend for Getting Inventory “Right”


One of the September’s blogs here talked briefly about inventory turnover and turn rate. Turnover is the rate at which you sell the products in your inventory.