Inventory management software for small businesses

More documents

Recommendations

Info

Ideally, you want to increase your inventory turnover and reduce your holding of inventory <strong>for</strong> a couple of reasons Firstly, increasing your turnover means reducing your holding cost Secondly, reducing your holding cost means increasing net income and profitability Finally, stocking items that turnover quickly means being responsive to the market and customer demand
2 Gross Margin Percent
Page 1 and 2: 10 Inventory Metrics You Need to Kn
Page 3: As a busy wholesaler and distributo
Page 6 and 7: 1 Inventory Turnover
Page 10 and 11: Gross Margin Percent = (Sales - The
Page 12 and 13: Customer Order Fill Rate = Orders t
Page 14 and 15: 4 Cost Of Carrying
Page 16 and 17: 5 Average Days To Sell Inventory
Page 18 and 19: 6 Return On Investment
Page 20 and 21: 7 Item Fill Rate
Page 22 and 23: 8 Cycle Time
Page 24 and 25: 9 Average Inventory Level
Page 26 and 27: 10 Inventory Accuracy
Page 28 and 29: Most importantly, sophisticated inv
Page 30: Now it’s your turn to apply them

Inventory management software for small businesses

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?