What does inventory to sales ratio mean?

What does inventory to sales ratio mean?

Having too much stock on the shelves means stock is going unsold, and your working capital is tied up in the unsold stock. Free up your capital by measuring the efficiency of your inventory by calculating the inventory to sales ratio. Ideally you want to keep the...
What are the KPIs for the retail industry?

What are the KPIs for the retail industry?

  Knowing a couple of quick headline numbers can help you quickly gauge performance of your stores over time. A quick glance at these numbers will tell you if you’re doing better or worse than last week/month/year. So what are the KPIs for the retail industry?...