Inventory 
Assigned to each different style, model, color, size, etc. that will be offered for sale. One chair which is the same as another chair with regard to style, design, selling price etc. but is a different color will be assigned a different SKU. With clothing, there would be a different ...
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Posted in Internal Process, Inventory, KPI | No Comments »
The dollar value of merchandise returned by customers.Variables: ReturnsMeasured as: Value ($/€),
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Posted in Financial, Inventory, KPI | No Comments »
Shrinkage is the difference, in dollars, between the amount of inventory on the books (which you should have) and the actual physical count (which you do have). Shrinkage is considered to be the result of theft, both internal (employees) and external (shoplifters/thieves), and paperwork errors. Damaged merchandise can also be ...
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Posted in Financial, Inventory, KPI | No Comments »
Any costs incurred as a result of possessing the inventory. These include, but are not limited to: cost of the space used for storage, cost of handling the inventory, interest owed on the investment, cost of insuring the inventory.Variables: Cost of space, handling costs, interest, insuranceMeasured as: Value ($/€),
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Posted in Financial, Inventory, KPI | No Comments »
