Chapter Seven: Your Investment in Stock Inventory

• Setting Goals for Your Buyers
• Customer Service Level
• Inventory Turnover
• Gross Margin Return on Investment (GMROI)
• Adjusted Margin
• Is It Good, Bad, or Ugly?
• Calculate Your Ideal Inventory Investment
• Maximum Stock Level
• JIT Items
• New Stock Items
• Dead Inventory, Slow Moving Inventory
• Three Way Ranking
• Does Every Item Have To Be Stocked in Every Branch?
• Inventory Liquidation