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The Inventory Turnover Ratio – Your Key to Boosting Manufacturing Efficiency

The Inventory Turnover Ratio – Your Key to Boosting Manufacturing Efficiency

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October 2018

If you run an inventory-based business, it’s critical that you have systems and processes in place to manage your inventory effectively. Having too much or too little stock will put a drag on your bottom line and hurt your cash flow. How can you make sure you’re effectively managing your inventory? There’s actually one simple ratio that can help you evaluate the health of your inventory management—the inventory turnover ratio.

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