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  "documentTitle": "Green Mountain Coffee Roasters (GMCR)",
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  "authorName": "David Einhorn",
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  "presentationDate": "2011-10-17 00:00:00",
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      "text": "Immediately prior to an audit, 500,000 brewers were inventoried and processed as an order for QVC. The brewers were never shipped, and after the audit, the inventory was restocked.",
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      "text": "Prior to the inventory audit, “We would remove product and preload trailer trucks to ship to retailers because we didn’t have room on the floor. Then we’d load more product on trailer trucks to nowhere to move it off the floor.”",
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      "text": "The warehouse was partially cleared prior to an audit, leaving a skeleton inventory of ~50%. Inventory was loaded onto trucks, which sat in the docks and was never counted. Sometimes after the audit, the product would simply be moved back into the warehouse.",
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