After you have cut expenses - again - and asked your employees - once again - to do more with less, where else might you focus to improve productivity?
Well, how about that largest asset in your operation, your inventory? (Typically, 65%-80% of a retailer's total assets.)
This is not a hypothetical question. Retailers MUST know which lines of merchandise are contributing the most to the success of their business. And even more important, which might be pulling them down!
In this lively Webinar of the Week presented by Pat Johnson and Dick Outcalt, Co-Founders of The ROI, you will see:
- What drives GMROI (Gross Margin Return on Inventory Investment), and why.
- How the real value of GMROI is in comparing: departments, stores, even vendors!
- Specific strategies for putting this powerful tool to work in your business.
- How The ROI's online GMROI Calculator automates the number-crunching for you, letting you focus on the strategic "what if...?" decision making.