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jburden57
Nov 28, 2008, 04:03 PM
What are costs associted with inventory? Why is controlling turnover in the inventory important? How can imporovments inventory management impact profitability?

pready
Dec 12, 2008, 06:20 PM
The costs are: Purchases, Purchase Returns and Allowances, Freight-in.

If inventory is not moving then you are not selling inventory. If you are not selling inventory then you are not earning revenues.