the speed of converting inventory into sales; most often calculated in “days of stock”.
Details
Poor turnover ties up capital, increases the risks of markdowns, and storage costs. Too fast — raises the risk of OOS (if deliveries are not perfect).
shows how many days a product 'sits' in the warehouse at current demand.
the speed of converting inventory into sales; most often calculated in “days of stock”.
Poor turnover ties up capital, increases the risks of markdowns, and storage costs. Too fast — raises the risk of OOS (if deliveries are not perfect).
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