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| Topic: |
Technology
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| Number of pages / Number of words: |
12 / 3134 |
Essay's paper body
$49,000 in one month.
Now instead of one monthly delivery, the retailer took a daily delivery of 5 laptops every weekday and paid for them as he received them, instead of one monthly delivery. In this case the average inventory investment is $5,000. At the end of the month our retailer would have sold all 100 laptops and made $49,000 on an average daily investment of $500...
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As it can be concluded from the above calculation, with a simple reengineered inventory supply a 980 percent return in a month can be achieved.
The most frequently used measure of inventory productivity is known as inventory turnover. Inventory turnover compares annual sales generated by the inventory to the average level of inventory...
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