I shall like to go anywhere with you, Martin, she answered. "But is it really necessary to go away? I know you love Trelasco." This was true, and it was found impossible to remove the impression from her mind. One analyst, Margo Alexander of Mitchell Hutchins Inc., really worried about the exodus in her reporton Wal-Mart. She wondered if it wouldn't discourage other executives from coming on board. She saidthey might see an inevitable conflict with "the entrepreneur who will never be satisfied with another personrunning 'his' company," in other words, me. She also questioned whether I, having retired once, was ascommitted to running the business as I had been previously. I guess the thing those early managers and I all had the most in common was that we all lovedmerchandising. Don't get me wrong. Our early stores weren't all that well merchandised. By that, I meanwe didn't necessarily have the best assortment of merchandise available, all displayed seductively. Don't you cry, poor sinner, 黄色视频网站_亚洲 中文 自拍 另类 "What we helped him with in the early days was really logistics. It's like in the Army. You can movetroops all over the world, but unless you have the capacity to supply them with ammunition and food,there's no sense putting them out there. Sam understood that. He knew that he was already in what thetrade calls an 'absentee ownership' situation. That just means you're putting your stores out where you, asmanagement, aren't. If he wanted to grow he had to learn to control it. So to service these stores you'vegot to have timely information: How much merchandise is in the store What is it What's selling andwhat's not What is to be ordered, marked down, replaced To get more technical, that helps youcontrol what we call turn, or inventory turnoverthe ratio of sales to inventory. That's a key. The moreyou turn your inventory, the less capital is required. And all this involves getting the merchandise to thestore at the right time, communicating how it's being priced and how it's being marked down, whatever. 鈥極h, of course. She鈥檚 a dear old thing, too, I can see that. How would you like her for a mother-in-law, Edith Prioleau, eh?鈥?