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The Turn/Earn Index and Gross Margin Return on Inventory (GMROI) are two simple ways to help manage your inventory. Turn and Earn to manage inventory Your purchasing manager or accountant may want to justify a SKU (stock keeping unit) with the Turn/Earn Index. Also known as the Turn/Earn calculation or Turn/Earn formula, or simply as Turn and Earn, it’s a simple way to help manage inventory by evaluating your entire inventory or a part number to see if it is worth stocking or selling. To calculate the Turn/Earn index for your inventory, simply multiply...