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What are Inventory Management Indicators?
A streamlined, supplier led approach to inventory management
Inventory management indicators are key metrics used to provide an overview of your company’s health by providing you with inventory turnover figures as well as supply chain and sales performance.
One inventory management indicator useful for companies operating a VMI solution is Turnover Rate. Turnover Rate (total demand/average inventory) helps companies accurately predict the rate which stock is being sold and informs suppliers of the best time to replenish a retailer’s stock.
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