Inventory Management Location Promotions Specialty Retailers 
Retalon
AUGUST 22, 2023
It calculates the number of times average inventory is sold during a period. A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventory management practices. A lower turnover ratio means inventory sits on shelves longer before being sold.
Retalon
AUGUST 5, 2020
Today, it is more important than ever for retailers to have a tight grip on the state of their business. Only with the right retail industry performance metrics can they answer questions like: Do they have the right product mix? How effective are their promotional campaigns? Inventory Turnover Ratio 3. Foot Traffic 9.
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