article thumbnail

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

Retalon

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. For retailers, inventory turnover is a critical efficiency and profitability metric.

article thumbnail

The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. Matt Pillar wrote a great piece about the retailer in Innovative Retail Technologies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. Matt Pillar wrote a great piece about the retailer in Innovative Retail Technologies.

article thumbnail

12 Critical Retail Industry Performance Metrics (2020)

Retalon

Throughout the history of retail, success and failure has come down to how well a company manages — and profits from — its inventory investment. Inventory management teams calculate the In-Stock Percentage by dividing the number of stores that have a SKU in stock by the number of stores that should stock that SKU.