
Looking Above the Treeline
Real, hands-on results from retailers
From CBA Marketplace, March 2005
By Lisa Tamayo
“[Our competition] is pumping up its efforts on in-stock selection on Christian titles,” Michael
Covington, general manager at The Master’s
(Clovis, NM), says. As the Christian-retail channel
works to differentiate itself from the competition,
stores must aim for best practices in inventory management,
price perception, customer service, merchandising,
staff management, budgeting, and more to increase
foot traffic, restore financial health, and increase profits.
Twenty Christian stores tested CBA’s Web-based
inventory-management tool, Above the Treeline,
using the real-time program to analyze store inventory,
give input on program improvements, and begin
to do business differently because of it.
The user-friendly business-analysis tool, used in conjunction with virtually any POS system, helps retailers
make better-informed inventory decisions that
can positively impact their stores and sales.
“There are some other competitive things going on that will only help certain sectors, sometimes [incurring] high administrative costs,” says Wayne Pence of Living Water Christian Book & Music Center (Kokomo, IN). “One guy [John Rubin] put [Above the Treeline] together, and it didn’t demand complex administration,” he says.
“Above the Treeline is interested in servicing CBA-retail independents,” Pence says. “You have chains accomplishing that within corporations. It’s difficult to get hundreds of independents to flow on the same page. [This program] is almost a miracle.”
Customer-Driven Data
Customers expect a wide selection when shopping our specialty stores. If they don’t find what they need, when they need it, they’ll shop somewhere else.
“Just like the name says, Above the Treeline
allows you to look at your inventory from a 30,000 ft. level,” Covington says, “but drill down to a single
title.” The program’s flexibility gives retailers at-aglance
snapshots of their store’s performance as
deep or wide as needed.
“We’ve made huge leaps and bounds in inventory,” says Ryan Hackmann, manager at The Ark Christian Bookstore (Yuma, AZ). His store tracked inventory by category, but never looked at it as a whole. They were surprised to learn how little of the store’s inventory was actually turning. Using Above the Treeline, Hackmann saw that 1,807 titles—76.83% of inventory—weren’t selling; 1,135 titles hadn’t sold in the last 12 months. “We had a huge chunk of inventory we paid for tied up. We could’ve used those assets to bring in more copies of what’s selling,” Hackmann says. “We’re working to reverse that.”
They’re bringing in titles from the Christian Marketplace Core Inventory Report (see sidebar) to replace the non-selling titles.
The week before Christmas, Hackmann began pulling titles. “It’s a week that slows down orderwise and was a good time to do it.” Above the Treeline also gives stores a projected year-end estimate, which was beneficial as Hackmann checked data daily.
Logos Bookstore (Springfield, OH) manager
Jay Weygandt says he sorts information by buyer,
department, and category to help his buyers see
what’s happening in their departments. “Grouping
together has been a shocker,” Weygandt says. “It encourages my buyers to do returns and cut
back on purchasing, if necessary.” The information
his buyers see in the red sector on the pie
chart signals they need to make a decision. “It’s
amazingly effective to get the visual picture rather
than a group of numbers off a financial report,”
Weygandt says. He stresses that financials are still
an important part of the decision-making
process, but the visuals that
have more impact, producing
a quick response. His staff is
becoming more knowledgeable
about the inventory
they’re responsible for as they
check information daily.
They’re now noticing earlier
in the month if there’s a
problem instead of 20 days
later when reports come in.
“In years past, I’ve run
spreadsheets. There’s a lot of
capability on POS systems,”
Pence says. “IBID can set up
reports giving a vast array of
inventory information. But
lots of people don’t use them
because it’s time-consuming.
The reports don’t have a
high-visibility interpretation
that a bar graph with three
colors has at a glance,” he says.
Covington’s book, music, and children’s department managers meet regularly to look at Above the Treeline’s graphs and charts.
At the beginning of the year they took music department products that had been on the shelves for “x” number of months and marked them down. Covington agreed decisions should be made in conjunction with a budget. “You need to understand how much money you have to spend on inventory.” When a product is marked down and moves, it increases the budget. The store is looking for increased inventory turns as a result of their focus.
Daily Aggregate Data
Above the Treeline’s fresh data can help define
new trends and strategies to increase sales based
on what’s selling at your store and others.
When Hackmann first saw the program, he
dove in. “There’s some apprehension with putting
your [store] information out there, but it’s kept
confidential,” he said, “still allowing you to see
what other stores are doing comparatively.”
Weygandt looks at a title and considers if he
really needs it based on his store’s and other
stores’ sales history. “I can look at other stores to
see if they’re selling successfully, then consider
purchasing.”
He gave an example. “A sales rep wanted to sell
me a sequel. I didn’t have any earlier titles in the
series,” Weygandt says. “I was able to check the 20
stores that were part of the testing using ISBN numbers
and saw that only two stores carried the book,
and it wasn’t selling. It gave me another check of
sanity to see how I’m doing.”
Weygandt otherwise would have been convinced
to buy the book.
Another benefit is seeing if one store is driving
sales of an unfamiliar title showing up as a best
seller. “I can see how many stores are carrying the
title. If it’s only one store, it could be the city
where the author lives, and I can ignore it.”
The program is easy to use, giving instant information. “I can click on a bar graph and get a list of titles I don’t stock, and click on it again and see how other stores are selling titles,” Weygandt says.
Category Management
“You get today’s information [with Above the Treeline],”
says Pence. “Some [other] lists may be colored
by seasonal products, such as in July or August
when you don’t need to know about graduation
products sold.”
Above the Treeline also shows performance
over time, giving a picture of how a category or
department is doing. Goals then can be set focusing
on strong titles and eliminating dead weight. “The natural outcome is increased turns in gross
margin. Gross-margin dollars are what you put in
the bank,” Covington says.
“The mass majority of stores are out of stock
on core inventory,” Covington says. “We need a
strong in-stock. Retailers have the tools available
to do it.”
“I have an instantaneous stock look-up now, like on a POS system,” Pence says.
Weygandt learned some things about his buying
habits using Above the Treeline. “I tend to buy
everything that comes out. I don’t want to miss
out on anything good,” he says.
It isn’t large quantities of product purchases, but the ones and twos of things bought that end up being returned. “The ‘B’ and ‘C’ titles aren’t necessarily things I need to get,” Weygandt says. “And if I do, they’ll show up on recommended lists that I can catch on the backside.”
Data-Sharing Capability
Above the Treeline allows greater cooperation and collaboration with trading partners. “There’s a lot of potential in the
program,” Pence says. “It’s a highly
developed tool that has the capability
to readily interface with the industry’s
supply-chain initiatives.”
He says it can be integrated into a
replenishment system that can analytically
maintain inventory at appropriate
levels on retailers’ shelves, leaving special
orders to be taken care of in the
store. “We’ll be able to do this not very
far in the future,” Pence says. “It’s a matter
of getting the whole structure organized
to do it.”
Publishers’ Site
Current capabilities include a publishers’
site that, with retailers’ approval,
can be used for vendor-assisted inventory
management, to show growth
areas and the latest trends and see how
much of a publisher’s backlist is being
carried. Publishers can use Above the
Treeline to determine a product-mix
strategy and get a pulse of what and
where customers are buying. It can
help publishers develop better working
relationships with retailers.
Ready for Change?
“Above the Treeline is working in the
general market, and we’re seeing success
with it in our market,” says Mike Hockett,
CBA training & consulting manager.
Some stores may not implement Above
the Treeline because it means learning
something new. It’s easy to fall into the
trap of thinking, “This is the way I’ve
always done it. Why change?”
Those who used the program to its
full potential found it eye-opening,
helping them make productive decisions. “It’s a new wave in retailing,”
Hockett says. “If what you’re using isn’t
working, then it’s time to look at something
else.”
During the test phase, retailers made
suggestions to enhance the program.
Covington suggested an on-order column
on reports so that if a title is on
order, it’s not really “out of stock” but“waiting to replenish.” The report can be
sorted to filter out orders, providing even
more accurate information.
“It’s a good use of technology for
bookstores,” Weygandt says. “I watch
for tools that make life easier.” The Ark
Christian Bookstore opened its second
location Feb. 1 and will use Above the
Treeline there, too.
For more on the program, call (800)
252-1950 and talk with a CBA member
rep—or view a demo at www.abovethetreeline.com.
LISA TAMAYO is a CBA MARKETPLACE editor.