Calculating the average age of inventory is relatively simple, provided you have already conducted a valuation on the inventory. It is simply 365, the number of days in a given year, divided by ...

Explore the future of auto dealership inventory management, focusing on strategies to adapt to market changes, manage pricing, and optimize used car sales for profitability. The News Media of the ...

Reducing the average age of inventory involves having and accurate sense of what your customers will likely buy, as well as the rhythm of their purchases, such as whether your store tends to be ...

U.S. furniture retailers have seen a material increase in their average number of inventory days in recent years, according to recent data on privately held companies from Sageworks, a financial ...

On occasion, you might find a used vehicle manager who truly focused on inventory age, but these individuals were as rare as the dealers who truly cared about aging units. We’ve come a long way ...

Analyst insight: Inventory “right-sizing” has forever been tied to business profitability. Today’s endless-aisle mentality requires inventory solutions that understand customer preferences and deliver ...

With the right strategies for smarter inventory management, you can thrive in this digital age, keep your shelves stocked, and ensure your customers stay satisfied. Embracing Technology: A ...

Most recently, with threats of rising operating costs, the Matthews, N.C.-based discounter put a renewed focus on inventory management. An important priority: ...

We are on the verge of a major upheaval in the way inventory is managed. This revolution is a result of the availability of the huge amounts of real-time data that are now routinely generated on ...

Inventory Management in the Age of Big Data. by Morris A. Cohen. June 24, 2015 ...