The Inventory Turnover Ratio (ITR) is essential for Amazon sellers, measuring how often inventory is sold and replaced. A higher ITR reflects strong sales and effective management, aiding in cash flow and reducing storage fees, while a lower ratio may indicate overstocking.
Amazon Inventory Forecast Tools help sellers manage stock levels by analyzing sales data and market trends. These tools optimize inventory, reducing the risk of overstocking or stockouts, which enhances profitability and operational efficiency.
Managing Aged Inventory is essential for Amazon sellers to avoid increased storage fees and cash flow issues. Regularly analyzing stock levels and implementing effective pricing strategies can help mitigate risks and enhance profitability.
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