The average amount of times that inventory that is in stock is sold or used during a given period is known as inventory turnover. In most circumstances, high stock turnover is good, as it is a sign that you’re selling a lot without overstocking. If a business wishes to calculate it, the cost of goods sold must be divided by the average price in inventory.
Movista Inc. is a Software as a Service (SaaS) company created by a team of retail veterans, merchants, and innovators who believe the future of retail work is radically transparent and collaborative.
To realize that vision, we've built a platform that is transforming the execution of all work by all teams in the retail ecosystem. It's safe to say our SaaS is world-class.
See for yourself – SCHEDULE A DEMO TODAY!
- The Most Innovative Retailers of 2023: Taking In-Store Shopping to New Heights
- Exploring the Top 5 Grocery Trends in the U.S. and How They Are Shaping the Future of Shopping
- Is Curbside Pickup Here to Stay? Exploring the Practicality and Convenience of this Growing Trend
- A Roadmap to Success: Getting Your Brand in Retail Stores