MORE SALES. MORE PROFIT. MORE LIFE! HOW WELL DO YOU KNOW YOUR INVENTORY? What is the real impact of Multi Sales? What Retailer doesn’t love a Multi Sale! Do you know the real power Multi Sales have on your margin? The real Net Profit you make on the first item you sell would typically be under 10%, […]
MORE SALES. MORE PROFIT. MORE LIFE! HOW WELL DO YOU KNOW YOUR INVENTORY? How well do you know your Aged Inventory position? And how this is impacting your Sales, Profit and Cash Flow! The age of the stock can have a substantial impact on your Sales, Profit and Cash Flow! The more current your stock
MORE SALES. MORE PROFIT. MORE LIFE! LET US TAKE YOU FROM PURCHASE TO PROFIT The Ability to confidently allocate Open-To-Buy: Who has ever popped into the grocery store for a couple of things and walked out with a full trolley? If you haven’t formed a plan to create a list of exactly what you need
More Sales. More Profit. More Life! WHY is Inventory Planning so important? In any retail business, the inventory is the largest investment you will make and accounts for a large part of your assets. The way in which this investment is planned prior to purchasing is crucial to the long term success of your business.
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More Sales. More Profit. More Life! Why Stock Turn can make or break a Retail Business! What is Stock Turn? Stock Turn is a key measure to show the efficiency of the inventory. By definition, stock turn ratio is a measure of the number of times inventory is sold in a time period. Put simply,
More Sales. More Profit. More Life! Cash Flow in a Retail Business can be scary! So how can you influence Cash Flow? And it’s not what you think ! $$$$$$$$$$$$$$$ Firstly you need to totally understand Cash Flow………… Positive cash flow means you can successfully run and grow your business, whilst negative cash flow is
