Speaker: Tim Quebedeaux, owner of RetailKPI, service provider for The Garden Center Group
Learn the key performance indicators that will show you how your inventory is performing. By measuring three KPIs down to the category level, you will learn where to spend your time improving your business. Stock to sales will show you how your inventory is acting. Inventory turns will allow you to benchmark against other retails in performance, while gross margin return on inventory investment (GMROII) will show you which categories are producing (and which are not) the all important margin dollar.