For companies that sell a product, inventory is a major consideration. The more inventory you have, the more money that’s tied up in a static product. Until you sell the product, that money isn’t ...
Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...
Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...
A new survey provides insight on how nearly 200 supply chain and procurement decision-makers are approaching inventory management, showing that most prioritize turning over inventory in a timely ...
Discover what overall turnover means for businesses, how it's calculated, and why it's crucial for measuring company efficiency. Commonly used in Europe and Asia.
Macy’s faced another quarter of substantial declines in sales and operating profit, but the company’s tight control of inventory may have prevented a worse outcome, as it did last quarter and the ...
Inventory management is the core of supply chain management, comprising all processes necessary to trace inventory levels, monitor stock movements, and efficiently fulfil customer orders. The primary ...