In light of recent success in Fast Solutions Technology Acquisitions, there should an adequate amount of

shelving dedicated to various companies, Accommodating the items necessary to restock our customer's equipment in a timely manner. When we

speak to the owner/purchasing director of these companies, take note in inventory items that is being consumed on a regular basis, therefore allowing our

branch the opportunity to have those particular items in stock and ready for delivery. An efficient way of handling this overstock is to label the shelving by company/organization name along with our blue

compartments solely dedicated to a particular part.

Our overstock inventory is an entire entity in itself, including shelves labeled from 1A and 1B all the way to

9A and 9B. With over 18 shelves of overstock inventory, an entire rework of our process arrangement

is imperative. This means a top down tabulation of each and every item on hand. Even to the extent of

opening boxes and recounting the amount enclosed. After recounts are completed, there will also be a new classification system set in place where similar items are organized together so that future cycle counts will

be completed with mollification.

Having visited several different Fastenal locations in the Middle Tennessee Area, I have came to realize the

importance of a creative clearance display at or near the entrance of the branch. A perfect example of this display of creativity was directly at the entrance of the Gordonsville, TN branch. This is a visual business, therefore, when a customer initially enters our doors and sees items at clearance prices in a cleaver and

imaginative product placement position, it peaks their interests, much like the candy bars located at check out

isles at Wal-Mart stores around the country. Compulsive purchases happen often, but not often

enough.

The vendors that manufacture each and every item we offer in our branch stores should be represented in

some sort of fashion, whether banner, flyer, or display case. These advertisements also allow our consumers to discover what manufacturers we offer, large or small.

As a market that continues to grow, we need to continue to ascertain the most recent marketing tools

offered from these associations.

We as a branch must continue to lookout for the most recent Fastenal marketing and promotional material

from Fastnet. These pieces of literature are an immediate increase in sales. When a customer

realizes the exact product he is searching for is 30% less at our location as opposed to the local hardware stores of America, it’s very clear where the purchase

will be made. We ordered a four sleeve literature stand that will remain on our front desk containing

promotional items, specific industry literature, and several other savings opportunities for the consumer.

While the cleanliness of the entire store is vital to continued consumer spending. A store in disarray leaves a customer discouraged about not only the

inventory, but also the staff giving them advice on their projects. While vendor racks and isle organization are

vital, the front desk layout is integral in leaving the customer with a positive memory of the experience of

that purchase. Today we ordered a four sleeve business card holder and also a four sleeve Fastenal

marketing material rack that will be placed along side of our black and golds. Once these items are strategically

and pleasantly relocated, it will benefit the consumer purchasing experience greatly.

In every successful business, records keeping is vital aspect. Our branch has fell short of constructing a

consistent and well-grounded system of streamlining the inventory and invoice processing and filling. In the

days to come, our team will completely reorganize each and every document on hand. At the front desk their

will be a filling folder for the most recent invoices (present month) organized by date. At the shipping

station (receiving area) all packaging slips will be filled by vendor. These invoices will be kept in the same

filling sytem for approximately one year, then be placed in boxes and put above office for future audits.