Refer to your below estimate on the stock landing at +273 Mb over than budget which is requested to review.
In today WC inventory meeting , K.Rob informed clearly that HOL is need to solve the over stock problem urgently, the key part that would like to fix is monitor in take by :
1. Focus / create Open to buy process (as SL start to do and review weekly with K.Bruno). If any caategories are over, cannot order these category
2. Merchandise will consider the big clearance on some items
However, pls review your intake as we have quite high inventory, then even your explain the estimate in take 537 MB which you said equal than last year but last year you have stock 1,665 MB at end Jan 2014 which was much lower than 1,899 Mb at end Jan 2015 !!!. Your stock on hand is higher than last year +230 MB.