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

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

Inside Retail

“This collaboration results in an enriched suite of logistics and supply chain services, encompassing not just warehousing and inventory management, but also comprehensive transportation and last-mile delivery solutions,” he added. Focusing on beauty and apparel Initially, the partnership will focus on the beauty and apparel segments.

article thumbnail

Understanding Furniture Inventory Management Software in 2023

Retalon

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. Furniture inventory management software offers a smarter solution. What Exactly is Furniture Inventory Management Software?