What Is Turnaround Management?

Inventory turnover is the cycle of products on shelves that are not yet sold on a first-in, first-out basis.

Inventory turnover

This entry lacks an overview map . Supplementing related content makes the entry more complete and can be upgraded quickly. Come on!

Inventory turnover is for temporarily unsold

Inventory turnover includes two types: turnover of front-line inventory and reserve inventory. Frontline inventory refers to display on shelves or

The contents of inventory turnover include the turnover of front-line inventory and backup inventory. It requires the sales staff to replenish the goods on the customer's shelves in a timely manner to ensure that the product display in the shelves meets the requirements.

1,

Inventory turnover can effectively and directly stimulate sales. Obviously, if the goods displayed on the shelves are sold out and not replenished in time, many sales opportunities will be lost, and the products stored in the warehouse will not be sold, and the lost sales opportunities will never come again.

There is no profit without inventory. Products that are not on the shelf cannot be sold, and reasonable product inventory is the easiest way to ensure that they are available for sale.

Promote restocking and help customers properly prepare product inventory. Most customers decide the order and quantity based on their inventory. If the products in the warehouse are almost or no longer available, the shop owner will place an order, so if the sales staff helps customers place their inventory on the shelves and make their warehouse empty, they will naturally order.

Sales staff helps customers replenish shelves during daily visits, which can not only stimulate sales, but also save customers' time and save their time. This work is not only the responsibility of the sales representative. High-level sales executives and managers also need to help customers with inventory turnover when visiting retailers, but also affect customers to help with timely replenishment. Good companies and salespeople understand that selling is not just about selling the product to the customer, it's not until the consumer has bought and started to actually consume the fresh product. In order to ensure that consumers must buy fresh products, according to the first-in-first-out principle, this may avoid product expiration, avoid customer returns, better meet consumer needs, and ultimately win sales for customers. And profit.