T I F FA N Y & C O [ T I F : U S ]
Historically, the Company’s inventory strategy was to always maintain deep assortments and high availability in their stores. However, since 2015, Management also added a long-term objective of keeping inventory growth below the rate of sales growth.
Management has focused on managing inventories more efficiently both through process improvements and by deploying a new inventory management system (fully implemented over the next several years).
Management expects inventory level for FY2017 to be similar to FY2016 due to new product introductions in 2017.
Data Source: Thomson Reuters Eikon