Archive for April, 2014

MANAGING INVENTORY TURNOVER

MANAGING INVENTORY TURNOVER

April 25, 2014 |

Inventory turnover helps assess the buyer’s performance in managing this asset. Retailers want to achieve a high inventory turnover (stock-turn), but just focusing on increasing inventory turnover can actually decrease gross margin and gross margin return on investment (GMROI). Buyers therefore need to consider the trade-offs associated with managing inventory turnover. Potential Problems with Approaches […]

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