Introduction Units of measure, or UOM, is important to consider because we need to decide what inventory valuation we’re talking about. For instance, if I say sales, am I referring to the units, the cost which I paid, or...
Read MoreInterestingly enough, small changes in the timing of your receipts can have a tremendous impact on your inventory turnover.
Read MoreThe inventory balance set is quite possibly the most important calculation in the retail industry.
Read MoreThe inventory turnover metric is a terrific indicator of how efficiently working capital is being utilized.
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