INVENTORY

0 / 12 pts

GATHERED

A business simulation. Three quarters. Real decisions. Real consequences.

Enter your name to begin. It will appear on your reflection card.

YOUR ASSIGNMENT
Maya Chen at her desk reviewing financial documents
Maya Chen

Social media strategist. She builds campaigns for businesses that are ready to grow.

Maya has been approached by Gathered, a curated gift and lifestyle shop. Before she recommends a single campaign idea, she needs to understand whether the numbers support growth.

She is handing the keys to you. Run Gathered for three quarters. Make the purchasing decisions. Watch what happens to the statements. At the end, tell Maya what you found.

HOW YOU ARE SCORED
  • There are six checkpoints worth 2 points each, 12 points total: one after each round, Maya's net income question, your campaign choice, and Maya's final question.
  • Answer correctly on the first try for 2 points, or on the second try for 1 point. You get two attempts.
  • Your campaign choice earns 2 points if it fits your statements, 1 if it is safe but smaller than you could afford, and 0 if it costs more than your net income.
  • Your ordering and counting decisions are not scored on their own. They create the numbers you analyze, and demand is unpredictable, so different students see different results.
  • Write your reflection to reveal your score. Earn 10 of 12 points (about 83%) or more to receive the Inventory Inspector badge.
Claire Navarro, owner of Gathered
ROUND 1 OF 3
Spring Restock
You are: Claire Navarro, owner of Gathered
SITUATION
Spring is here. You have 30 units left from winter. A new shipment is available at $25 per unit. You sell each item for $60. Customer traffic is picking up. Your best guess is about 52 units, but last spring ranged from 38 to 76. Any units left unsold cost $5 each in storage and handling, which is added to operating expenses. How much do you order?
YOUR ORDER DECISION
INVENTORY
GOING IN
30
ORDERED
—
SOLD
—
ENDING INV
—
INCOME STATEMENT
LINE ITEMAMOUNT
Net Sales$0
Begin. Inventory$750
+ Purchases$0
- Ending Inv.$0
= COGS$0
Gross Profit$0
- Op. Expenses($800)
Net Income($800)
Claire Navarro, owner of Gathered
ROUND 2 OF 3
Summer: The Knowledge Gap
You are: Claire Navarro, owner of Gathered
SITUATION
Summer has been slow. Your last physical count was 3 months ago. Your records say you have ? units on hand based on your purchase tracking. Your supplier will fill whatever you order, and Claire's standing rule is to restock up to 40 units on the shelf. Do you order based on your records, or take a day to do a physical count first?
BEFORE YOU DECIDE: WHAT IS SHRINKAGE?

Shrinkage is inventory your records say you have that is no longer on the shelf. Units can disappear through theft, damage, spoilage, counting or receiving mistakes, and unrecorded returns or samples.

Your purchase tracking cannot see any of this. Records only show what should be on hand. Only a physical count shows what is on hand.

Shrinkage happens whether or not anyone counts. A count does not cause the loss, it reveals it. Either way the lost units end up in cost of goods sold, because they were in your beginning inventory but are not in your ending inventory.

YOUR DECISION
INVENTORY
RECORDS SAY
45
ACTUAL COUNT
?
SHRINKAGE
?
ORDERED
—
SOLD
?
ENDING INV
—
INCOME STATEMENT
LINE ITEMAMOUNT
Net Sales$0
Begin. Inventory$0
+ Purchases$0
- Ending Inv.$0
= COGS$0
Gross Profit$0
- Op. Expenses($800)
Net Income$0
Claire Navarro, owner of Gathered
ROUND 3 OF 3
Holiday Crunch
You are: Claire Navarro, owner of Gathered
SITUATION
Holiday season. Demand is high. You have 0 units going in. Suppliers are ready. Your best guess is about 55 units, but holiday demand has ranged from 40 to 80. Unsold units still cost $5 each in storage and handling. How much do you order?
YOUR ORDER DECISION
INVENTORY
GOING IN
—
ORDERED
—
SOLD
—
SHRINKAGE
?
ENDING INV
—
INCOME STATEMENT
LINE ITEMAMOUNT
Net Sales$0
Begin. Inventory$0
+ Purchases$0
- Ending Inv.$0
= COGS$0
Gross Profit$0
- Op. Expenses($800)
Net Income$0
MAYA DEBRIEF
Maya Chen comparing two financial reports
Maya Reviews the Books

Maya has looked at all three quarters of statements. She turns to you.

"Before I tell you what campaign makes sense, I need you to tell me what you are working with. What did the numbers show you this year?"

Claire, this is your analysis to deliver. Choose the campaign that your statements actually support.

Your three quarters at a glance:
MAYA'S QUESTION
Attempt 1 of 2
Answer Maya's question to unlock the campaign choices.
YOUR THREE-QUARTER NET INCOME
$0
Maya says: "Gross profit is what is left after product costs. Net income is what is left after everything else too. Before you choose, compare the two, and think about what your inventory management looked like across all three quarters."
Maya's rule: Never spend more on a campaign than the business earned in net income. A campaign is an operating expense, so its cost comes out of net income, not gross profit.
CHOOSE THE RIGHT CAMPAIGN FOR GATHERED
CAMPAIGN RESULT
MAYA ASKS
Attempt 1 of 2
REFLECTION
Maya Chen reviewing results
Your Analysis

You ran Gathered for three quarters, watched the statements react to your decisions, and chose a campaign based on what the numbers showed.

Maya wants to understand your thinking, not just the outcome. Walk her through what surprised you.

Walk me through the moment in the simulation where you made a decision and then watched what happened to the numbers. Which round surprised you most, and not the outcome, but your own reaction to it? What were you expecting, and what did the statements actually show you?
Be specific about which round and what the numbers showed.
0 / 80 characters needed to unlock your score
SIMULATION COMPLETE
0 / 12
0%

DOWNLOAD YOUR RESULTS

Download your reflection card and submit the file as directed by your instructor. If you earned the badge, it will appear on the card.

YOUR REFLECTION

Submission Reminder: Submit your downloaded reflection card as directed by your instructor.