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David Brown

By the Numbers: Inventory and Donuts

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By the Numbers: Inventory and Donuts

IF YOU WERE to turn the average U.S. jeweler’s inventory into a doughnut, here’s how it would look — stale and mostly inedible. Fresh inventory and fast sellers would account for just a third of all stock.?Remember that $100 of inventory should produce at least $100 of gross profit a year, so inventory that isn’t selling is costing you 100 percent in interest a year.
By the Numbers: Inventory and Donuts

This story is from the December 2008 edition of INSTORE.

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