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InventoryTurnover Definition: The speed at which a business sells and replenishes its inventory during a given period, also known as “stock turn.” However, high or low inventoryturnover can also be attributed to how quickly or slowly a retailer can move their goods around.
Merchandising Performance model: This model helps retailers analyze the performance of their products by tracking metrics such as sales, margins and inventoryturnover. It is useful for optimizing storelayout, staffing and marketing. It is useful for identifying top-performing products and optimizing product mix.
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