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Balancing efficiently selling through the inventory you have on hand and acquiring more inventory before stocking out, while dealing with changes in demand, can feel like a never-ending dance. The higher your inventory turnover rate, the better, and optimizing your product line, replenishment strategy, and even warehouse can help reduce losses from unsellable inventory, the capital you have tied up in inventory, and even storage costs.
We've aggregated average inventory turnover rates to share our benchmarks. In this report, we’ll: