Storis

MAY 23, 2024

The following is used for the Turns formula: Turns = Year’s Cost Of Goods Sold $/Year’s Avg Units On Hand * Year’s Avg Unit Cost $ This ratio provides insight into how quickly a business can convert its stock into sales. In conjunction with these efforts, implementing effective marketing strategies is key to enhancing inventory turnover.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

Retail TouchPoints

MARCH 19, 2025

Traffic Hot Spots and Dead Corners: If a back corner sees minimal fitting room requests, a quick refresh – better signage, new product groupings or a complementary seating area – can coax customers to explore. Localized Inventory: When certain products spark high try-on rates in one region, stock up accordingly.

Visual Merchandising 147

Visual Merchandising Dead-Stock Store Layout Markdowns 147

Storis

FEBRUARY 3, 2025

Its a vital tool for predicting customer behavior, planning inventory, and strategizing promotions. Dynamic Reordering: Monitor sales performance in real-time and adjust purchase orders accordingly to prevent dead stock or shortages. STORIS Replenish Stock Inventory Based on Sales Rate analyzes current sales rates.

Consumer 52

Consumer Home Furnishings Inventory Management Payment Services 52