Remove Consumer Remove Inventory Turnover Remove Management Remove Specialty Retailers
article thumbnail

What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

As a retailer, effectively managing your inventory is critical to the success of your business. One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period.

article thumbnail

12 Critical Retail Industry Performance Metrics (2020)

Retalon

Most Important KPIs for the Retail Industry in 2020. Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. Today, it is more important than ever for retailers to have a tight grip on the state of their business. Inventory Turnover Ratio 3.