Inventory Turnover Promotions Supply Chain Management 
Inside Retail
FEBRUARY 26, 2024
Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. Pricing and promotional strategies will be vital as consumers are more cost-conscious.
Retail TouchPoints
FEBRUARY 28, 2024
Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Merchandising Performance model: This model helps retailers analyze the performance of their products by tracking metrics such as sales, margins and inventory turnover.
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