retail power, A Mini Retail ERP [Professional Edition]

Categories: - Added on October 24, 2012 - # 158032

Merchandising Wisely
The total amount spent on inventory is a key figure, And at the same time it is also very important to allocate these funds wisely.

Lets say if you invest in a slow moving item or a dead stock, Then you again pay an additional cost to sell it. Besides that you have lost your profit related to that investment and alternatively done a loss in it. So the key part would be merchandise wisely and invest wisely.

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