The memo proposes that Carter's Babies and Kids adopt the BizSlate inventory management software. BizSlate claims it can help large retailers like Carter's maximize sales and organization by preventing stock-outs and overstocking through features like RFID tagging, custom pricing, and inventory tracking across locations. Reviews praise BizSlate as easy to use and providing remote access. It would cost $79 per month initially but help increase Carter's 6% sales and 8% income growth. BizSlate promises a seamless transition and to prioritize customer service like Carter's.

1. Running head: THE SMARTER WAY TO MANAGE INVENTORY
BizSlate: The Smarter Way to Manage Inventory
Bradley Hite, Sierra Flores, Jared Rubin
University of North Florida
BizSlate Inc.
1460 Broadway, 4th Floor
New York, NY 10036

2. THE SMARTER WAY TO MANAGE INVENTORY 1
Memorandum
To: Carter’s Babies and Kids
From: Sierra Flores CEO, Bradley Hite COO, Jered Rubin CFO
Date: 5 June, 2016
Subject: BizSlate: The Smarter Way to Manage Your Inventory
The BizSlate team is excited to finally be marketing our product to both small and large
businesses. We would be pleased to offer Carter’s our product and services.
At BizSlate, we are confident that we can help your company reach new heights with sales
and organization. We know from experience that retail-clothing companies like Carter’s
have the ability to utilize our software to the fullest.
Please consider BizSlate to be your newest business upgrade. From all of us at BizSlate, we
wish you the best and hope to partner with you in the days to come.
Sincerely,
Sierra Flores, CEO
Bradley Hite, COO
Jered Rubin, CFO

3. THE SMARTER WAY TO MANAGE INVENTORY 2
Table of Contents
ii Memo
Page 3 Introduction
Page 3 Features
Page 4 Reviews
Page 4 Data
Page 5 Conclusion
Page 6 References

4. THE SMARTER WAY TO MANAGE INVENTORY 3
Introduction:
The Carter’s company is the largest marketer of children and babies clothing in the
United States and Canada. Recently, this company has expanded its technological support system
in its retail stores, and this expansion has vastly helped the efficiency of many stores. In order to
continually grow and develop in the expanding market, however, this corporation needs a more
advanced inventory system:
“When our store first opened, we received thirty of the same style of shorts in the same
size. It took us two years to sell through them. This is not an isolated incident.
Sometimes our stock room looks like a mess because the allocation department does
not know what we need.” -Anja Woodham, Store 853.
The extensive changes that are taking place are helpful, but in order to stay competitive in the
virtual market as well as the physical market, Carter’s needs to solve this problem with
allocation. Another employee stated:
“We went weeks without replenishment in size 6x girl’s underwear. Customers would
come in week after week asking if we had any, and we had to turn them away. The
online store was out of stock as well, but in store we have no way of communicating
with the inventory department.” -Zahra Sikandari, Store 853.
Losing sales is not an option. In order for Carter’s to remain at the top of the market, it must
make some changes. A large part of the appeal of the Carter’s store is excellent customer service
and a positive customer experience, but with this problem remaining an issue, that appeal is hard
to maintain.
Features
BizSlate is the enterprise resource planning (ERP) software solution. Carter’s would
avoid missing a sale or the loyalty of a customer as a result of being out of stock of a product.
With BizSlate, those sales would be guaranteed no matter the store’s inventory. Inventory
management helps to reduce any excess cost that Carter’s may have as a result of overstocking,
while at the same time keeping customers pleased with most products readily available.
Inventory management is one of BizSlate’s many functions. The software provides radio-
frequency identification (RFID) barcoding, cost tracking, custom pricing models, purchase order
management, reorder management, shipping management, supplier management, transfer
management, and warehouse management.
RFID Barcodings
Inventory Forcast
Inventory Overview
Custom Pricing Models
Cost Tracking
Multi-Location
Purchase Order
Reorder
Shipping
Supplier
Transfer
Warehouse
Management

5. THE SMARTER WAY TO MANAGE INVENTORY 4
Reviews
BizSlate is a web and cloud-based system, so there is no need for costly hardware in the
office. The system also allows for remote access from multiple locations around the world. Users
can view inventory, invoices, and current orders whether at home, in the office, or at a
tradeshow. One BizSlate user, Joy Chen, states that the “email invoices, cost updates, ability to
receive factory purchase orders, and view available inventory so that he does not oversell, falls in
line with his business moto, work smarter, not harder.”
Not only will BizSlate help Carter’s reach its full potential by keeping customers satisfied
and expenses minimal, BizSlate is also user friendly. Diana Hanrahan, a Finance Manager for
Niermann Week Co Inc. describes BizSlate by saying, “The learning curve is almost nil. It is
very intuitive and easy to use.” Upon upgrading to the system, Carter’s will gain access to online
training tutorials that will show employees how to utilize all of the system’s features. The
BizSlate staff is professional, knowledgeable, and delivers answers to any questions or concerns
in a timely fashion. The system would be perfect for any small to medium sized wholesale
business marketing clothing, accessories, footwear, hardware, house ware, consumer goods, etc.
Any business wanting to manage inventory, obtain maximum efficiency, and reduce excess cost
would benefit from BizSlate.
Data
BizSlate offers its services for $79 per month for small businesses. The fee would increase for a
large corporation, but also offers demonstrations to try out for free. BizSlate would also install
and lead tutorials for the corporation at no additional charge. BizSlate prevents costly
overstocking, and the danger of under stocking. Additionally, the ease of access and convenience
to view and manage orders and inventory from anywhere is vital to remain competitive. Over the
last quarter, Carter’s sales have increased by six percent and overall income has increased by
eight percent. With that increase in profit, the BizSlate software could easily be installed in many
branches (see Figure 1).
Fig. 1. Quarter One Earnings 2016

6. THE SMARTER WAY TO MANAGE INVENTORY 5
Conclusion
BizSlate would be dedicated to making Carter’s transition as easy and simple as possible.
Our team would be thrilled to meet up with the allocation department and discuss plans to keep
up with the competition. Efficiency and cost are important factors when considering
transitioning, but more importantly, BizSlate would like to ensure that Carter’s employees and
customers are pleased. BizSlate wants to keep customer service at the forefront of their mind,
much like Carter’s, and wants to set up companies for success. Our service cannot do what good
employees can, but it can make their job much easier. The purpose of our service is to set up
employees and employers for success in the retail experience, and to ease both parties mind.
With simplicity, reliability, and efficiency, BizSlate is the only inventory software suitable to
fulfill the all needs that Carter’s Babies and Kids has.

7. THE SMARTER WAY TO MANAGE INVENTORY 6
References
BizSlate Inventory & Order Management Software. (n.d.). Retrieved June 30, 2016, from
http://bizslate.com/unb-demo-001/?utm_campaign=inventory-management
BizSlate. (n.d.). Retrieved June 30, 2016, from
http://www.capterra.com/inventory-management-
software/spotlight/126677/BizSlate/BizSlate
"Carter's, Inc. - Investor Relations -Earnings Results." 28 Apr. 2016. Web. Retrieved July
5, 2016 from http://ir.carters.com/phoenix.zhtml?c=135392&p=irol-
reportsearning
Chen, J. (2016, February 23). BizSlate. Retrieved June 30, 2016, from
http://www.capterra.com/inventory-management-software/
Spotlight/12667/BizSlate/BizSlate
Hanrahan, D. (2016, February 25). BizSlate. Retrieved June 30, 2016, from
http://www.capterra.com/inventory-management-software/
Spotlight/12667/BizSlate/BizSlate