New Tools for Inventory Management - Digital Download
This is a digital file. When you place your order, your receipt will include a Dropbox link to download the program files.
How to manage your inventory with data and analytics.
For many years, sophisticated distributors have used Gross Margin Return on Inventory (GMROI) to manage their inventory investments. But GMROI is a flawed measure of performance and using it may contribute to lower profitability.
In this 60-minute webcast, sponsored by Epicor, Dr. Albert D. Bates provides a deeper look at why GMROI is problematic and examines how better data and analytics on inventory management can provide more accurate and profitable results for distributors.
- "The GMROI Hoax" and how GMROI misrepresents product profitability
- How technology can help uncover more accurate measures of inventory profitability
- New approaches for measuring inventory performance in a big data environment
Jenel joined MDM as Associate Editor in 2008. While she covers a broad range of topics, she has particular interest in the impact of government policies and the economy on the wholesale distribution industry.
Prior to joining MDM, Jenel spent seven years working in the banking industry and has written for various publications including the Denver Post. She has Bachelor's of Arts degrees from the University of Oregon (journalism) and Minnesota State University-Moorhead (political science) and a Master of Arts degree from the University of Colorado Boulder.