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How to Shape Up the Inventory when you have 5000+ SKU’s
The goal: NO EXCESS INVENTORY These days, independent retailers cannot afford one piece of excess inventory. Storage costs, insurance, pilferage, damage, depreciation, taxes and interest on loans add up to 30 percent annually to the cost of the goods you carry. Because those costs continue to rise, tight inventory control is still one of the best investments you can make - especially during the buying season.

Other inventory turnover rate Related Articles

The Perfect Fit
Have you looked at your selection processes recently? What is your staff turnover like? “Let's assume the average salary of employees in a given company is $50,000 per year. Taking the cost of turnover at 150% of salary, the cost of turnover is then $75,000 per employee who leaves the company. For the mid-sized company of 1,000 employees who has a 10% annual rate of turnover, the annual cost of turnover is $7.5 million!” * So how do you go about ensuring you select the right staff, who will fit well with your organisation, and who will stay with you?

Turnover, what does it cost?
Reducing turnover is a critical step in improving your resiliance during tough economic times. However, Retducing turnover isn't enough, you must retain the right employees. This is the first section in a four part white paper on reducing employee turnover.
Understanding and Calculating the Cost of Turnover
A brief look at how one determines their turnover rate. Another article details the causes of turnover and how to reduce it's impact on your organization.
Employee Turnover - What is it costing you?
In today's economy it is more important than ever to avoid turnover. Turnover is extremely costly. These are the factors you need to consider when estimating what the bottom line is when it comes to calculating turnover.
Inventory Financing as a Working Capital Solution
Why an Inventory Finance Solution can be a Competitive Edge . Information on why Canadian business owners should focus on a specialized inventory financing solution for their firm when inventory plays a key role in your working capital mix .

Inventory Loans – Financing Inventory Assets
A inventory financing Strategy for Canadian Business -Information on inventory loans and inventory financing in Canada . Why inventory financing is a key component to working capital and profit growth.
Inventory Finance – Working Capital from an Inventory Loan
Information on Inventory Financing in Canada ;Information on how to view inventory finance in the context of obtaining a separate inventory loan, or a financing which includes inventory as a working capital component .

The Myth Of Inventory Finance Companies
The Real Scoop on Inventory Financing In Canada ;Information for Canadian business owners and financial managers on the ability to finance inventory, are there true inventory finance companies, and , if so, what criteria are critical to obtain inventory financing .

Flexibility---Increasingly Important Benefit
New study finds that the stronger the culture of flexibility, the lower the voluntary turnover rate.
Six Solution Steps to Employee Retention
What's your organization's turnover or churn rate? Has it increased over the last 18 months? If you are like 40% of firms surveyed, you too have noticed a significant up tick in voluntary resignations.

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