Remove Grocer Remove Inventory Turnover Remove Planning
article thumbnail

What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

article thumbnail

How China’s Missfresh Makes Rapid Grocery Delivery Pay

Retail TouchPoints

As grocers around the world work furiously to meet consumers’ demand for delivery without breaking the bank, Chinese online grocer Missfresh looks to have a winning model. We’ll have different promotions in the afternoon or late evening period to make sure that we’re managing a good inventory turnover,” explained Chen. “It’s

Grocer 320
article thumbnail

How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

As contingency plans, more executives are finding new vendor partners and sourcing domestically to keep their supply chains closer to home. Among the shipping containers stuck in transit, some are filled with foods that are spoiling, creating waste and food safety concerns for grocers, and food and beverage suppliers. October 22, 2021.