The principal criteria of management efficiency imposed on divisions are ability to stay on plan, sales and market share increases, recovery of accounts receivable, and inventory turn.
The inventory turnover is an indicator used to express the times of a corporation's selling its inventory during a period.
Let's use an example the average annual inventory turnover in 20 large construction firms.
For example, you can calculate the efficiency of resource management by using an inventory turnover ratio formula, as shown in Listing 4.
The husband shares details about inventory turns while his wife talks about the specialty merchandise she carries for the unique needs of her customers.
