Retalon

AUGUST 22, 2023

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.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41

V Count

JULY 24, 2024

In the retail and supermarket industry, effective people counting systems play a crucial role in understanding customer behavior, optimizing operations, and driving business success. Long queues and extended waiting periods are among the leading causes of customer frustration and dissatisfaction in retail and supermarket environments.

Management 98

Management Supermarket Checkout Inventory Management 98

Shopper Motion

DECEMBER 16, 2020

They also contribute to the profitability of the company by fostering sales via marketing and in-store promotions and they manage everything related to product inventory, either they order new items or try to improve the speed of inventory turnover. Example of the power hours metric from a supermarket.

Management 52

Management Promotions Inventory Turnover Shopping 52

Rangeme

DECEMBER 16, 2021

As contingency plans, more executives are finding new vendor partners and sourcing domestically to keep their supply chains closer to home. Recent labor shortages prompted some supermarket chains to shorten their store hours. Walgreens shares surge as CEO Roz Brewer outlines plans to make health care its growth engine.

Shipping 52

Shipping Dead-Stock Beauty and Health Inventory Turnover 52