Improve Merchandise Performance Using GMROI
Willingness to use GMROI as a tool is one factor that separates best performing stores from their peers.
Gross Margin Is In Your Head
David McMahon presents proven strategies that can produce 50 to 60 percent gross margins even in highly competitive markets.
Five Smart Steps To e-Tail Inventory Management
Today, consumers initiate their shopping experience. If they find you through Google, you have a chance to get their business. Here’s how to manage your e-tail inventory to make the most of an initial website contact. Included is a 12-step process that will help to make their buying decision easier.
Let’s Simplify Your Furniture Inventory – Part 2
This article is about selling more inventory and improving inventory buying. David McMahon presents a coordinated approach to age your inventory, mark it down and provide sales compensation incentives to improve profitability.
Let’s Simplify Your Inventory
David McMahon shows you the core practices that the most profitable businesses follow to achieve the highest return on their inventory investment.
Measure Gross Margin Return On Inventory
Track this inventory metric to understand your customer’s buying patterns, establish a more relevant product mix, satisfy more people and sell more.
Modern Ways To Increase GMROI – Part 2
Part 2: Old school ways to increase this critical measure are just not enough anymore!
Modern Ways To Maximize Your GMROI – Part 1
This article will highlight some modern ways to increase your GMROI by using technology to pull in extra customers and move merchandise while minimizing costs.
Add 250,000 Gross Margin $$ Without Raising Prices!
Clearance sales may have their time and place, however, there are many other more productive ways to increase GMROI. You can do this without increasing prices or holding inventory clearance sales.
Markdown Strategies That Work!
Part 4 of the Dynamic Inventory Management Series presents the Five Golden Markdown Steps. This efficient markdown system has a considerable impact on profitability and cash flow because it greatly increases turns, improves gross margin, sales and cash flow.