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

Retalon

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. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

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Fashion Goes Tech: Digitalization in retail (1)

Fashion Retail

When I published Fashion Goes Tech, retail was suffering the worst crisis ever: covid-19. In other words, no footfall, no conversion, no inventory turnover, frozen cash flows, no business. Empty streets, no traffic, stores closed.

Fashion 98
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Zalora exec talks immersive retail and personalised customer journeys

Inside Retail

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. It facilitates wider brand reach, quicker inventory turnover, and direct engagement, thereby fostering increased brand loyalty.

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How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

Xue explained that European beauty and fashion brands have gained significant popularity among Chinese consumers, presenting immense market potential for both established and emerging brands. Additionally, the fashion industry often encounters supply chain challenges such as inventory management and high return rates.

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Understanding Furniture Inventory Management Software in 2023

Retalon

Improving Inventory Turnover Excess stocks tying up cash flow are the bane of any retail business. Inventory management software provides perpetual cycle counting and analysis of turnover rates by SKU. The software provides demand transparency and replenishment automation to minimize stockouts.