“The Bankson Group is more than an inventory management or open-to-buy service. They provide key metric data and insights to help us grow our business profitably.

The entire business is evaluated monthly, and our analysts David and Gord help buyers maximize the inventory investment to drive revenue and meet cash flow expectations by setting realistic yet challenging metric goals. Monthly calls provide both the framework for accountability and an opportunity to learn about trends affecting campus stores across the country. Our analysts, who I consider a vital part of the Auburn University Bookstore team, consult with our team, coach both managers and buyers, and motivate and challenge us to achieve and exceed our goals. The bookstore mission to both improve student affordability and provide a substantial return to campus is possible because of successful and strategic inventory management.

One of the greatest benefits from the monthly calls is the marketing and merchandising ideas generated during the discussion with buyers. Our analysts share industry information such as emerging trends and other relevant business practices occurring across the country so we can incorporate that information into our planning process. The valuable Management One newsletters, webinars, spreadsheets, and The Bankson Group consulting provide my team with actionable data to maximize the bookstore’s potential confidently and decisively.”

- Russell Weldon, Auburn University