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Category: Inventory Management

29 September 2006

GMROI – GMROF – GMROL : How To Make More With Less

You don’t necessarily have to increase your sales to improve your profits. What matters is how much each inventory rupees produces   As a retailer, your primary means for earning profits is your inventory investment. So it only makes sense...
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Inventory Management Leave a Comment
29 September 2006

Does your system tells how much you should buy?

Retailing is a delicate balance between merchandise and cash. It’s a high stakes balancing act: commit money early to large quantities of merchandise, and possibly end up with too much; or, commit less up front, saving cash for later,...
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Inventory Management Leave a Comment
23 September 2006

Identifying and creating the SKUs at the Point of Purchase.

Your purchase entry operator is left and It’s difficult for you to train the new person to identify the products while doing stock in. If he does not find one SKU then he will create a new one.  ...
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Inventory Management Leave a Comment
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