TIME Process
Prepare, Unload, Process, Replenish, Backstock
What are the 5 steps of the TIME process?
Confirming the merchandise is able to be scanned at inventory.
What is UPC validation?
The 7th of each month.
What is the due date for Self LP Audit, Safety walk, Alarm test, and Shrink coach recap?
A system that pinpoints exactly where an item can be found in the backroom which helps Omni sales as well as sales floor replenishment.
What is Stock It?
Managers and Departments leads.
Who can help complete the monthly self LP Audit?
6 hours
What is the standard completion time for a DC truck?
Scanning each carton on the last truck before inventory.
What is manifest audit?
Monthly training targeting "NOW" business topics.
What is the shrink business plan?
An item that was already purchased by an athlete but is awaiting pick up.
What is a sold/ hold?
83%
What is the minimum passing score of an LP Audit?
Provides store specific TIME staffing and productivity standards to assist in proper scheduling to complete a truck in designated time goal.
What is the TIME labor planner?
50
What is- How many scanners we need to complete our inventory scan?
A way to recognize a teammate for doing something to prevent loss.
What is the defensive player of the month?
An area that can house an over flow of merchandise but should only be used for bulk items or fixtures.
What is a storage trailer?
The hands down most failed LP Audit question.
What is the cart test?
Closing manager
Who is responsible to ensure the receiving dock is cleared, clean and prepared for the truck?
44.6% and 23.3%
What is the highest reversal rate on inventory adjustments in 2021 (1244) and 2022 (1124)?
Data that shows what merchandise was stolen?
What is known theft?
Must be locked when not in use and one must be 18 or older to operate.
What is a compactor/ baler?
4 rolling months
How long should SFS paperwork be kept in the binder?
PDT
What device is used to scan merchandise to ensure the price is correct when it arrives?
Merchandise that missed a claim, RTV, or transfer and is stuck in our store...usually at $.02.
What is OAR?
A document that describes shoplifting behaviors and description with the purpose of alerting nearby stores.
What is a BOLO?
An area where damaged items go to await their fate. Could be As Is, could be a return truck, or it could be the trash.
What are the defective bins?
Where you can find the Store use, Known Theft, and Not Known Theft logs.
What is the inventory adjustment binder?