Inventory turnover: how to calculate it and why?
SRC Business School:
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Inventory turnover is one of the main methods for analyzing inventory. By calculating inventory turnover, we understand:
how quickly we need to replenish inventory;
what the supplier's credit level should be;
how effective we are in managing inventory.
Author: Ekaterina Buzukova. Assortment management consultant, professional buyer, and number one category management business trainer.
The video course "I am a Category Manager" is waiting for you on our website.
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Are you already working as a buyer? Or have you recently been promoted to category manager? Or are you just considering a career as a category manager and eventually a commercial director?
In a remote format, you will receive all the information about the Category Manager position, assortment evaluation, display and promotion, product introduction and withdrawal, the role of a brand in a category, pricing, and inventory analysis.
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