How should stores approach inventory planning for Black Friday?

Black Friday Author Name University Name How should stores approach inventory planning for Black Friday? For some storekeepers, Black Friday is a mess of logistics, but for the others, it is a chance to increase sales and generate profits. The success of businesses depends on how they have prepared their store for this day. Store owners should always estimate or evaluate inventory needs and add lots of new products to their inventory management system. For this purpose, they can opt for an inventory solution that utilizes barcodes. Barcode scanners will ensure accuracy and minimize the chances of errors. Black Friday preparations are incomplete without coaching the salespersons, renovating the entire store and modifying inventory solution systems (Muchamore, 2016). How should retailers plan the process of opening the doors and getting excited customers through checkout? For a retailer, one of the most difficult tasks is to engage customers and increase sales. There is nothing more irritating for customers than waiting in long lines for a product. Retailers must help customers get out of this situation. They can hire experi...