Thursday, July 24, 2008

"Retailers: Turn on Your Financial Headlights!"™

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GMROI - #1 Inventory Productivity Tool Win Over Your Bank
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GMROI
GMROI (gross margin dollars generated for each dollar invested in inventory) is the #1 productivity tool in retailing. Array departments, or vendors, or classifications of inventory by GMROI; spot the laggards; give them the attention they need. That's why the real pro's in retailing are experts in GMROI.


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Where else can you learn this stuff?
Nobody has ever really taught me the "business" side of retailing.


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