What is Inventory Turnover Ratio? How to Keep it Under Check ?

in #inventory7 years ago

Inventory management is the heart of your business and you work your heart out to have it in perfect shape. However, there are certain factors that could still be overlooked. Inventory Turnover happens to be the first among this.

Inventory Turnover Ratio is the reflection of how quickly your goods are leaving your shelves. To calculate inventory turnover ratio, you can use this simple math. 

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