Inventory turnover ratio is a vital metric for businesses, serving as a barometer of operational efficiency and financial health. This ratio quantifies how effectively a company manages its inventory by measuring the number of times inventory is sold and replaced within a given period, typically a year. Understanding the significance of inventory turnover ratio and […]
Paul Sofsky
Extensive background in restaurant and bar operations with over 27+ years experience. Founder and creator of Orca Inventory. He was born and raised in Southern California with a BA of arts and sciences from SDSU.