Read inventory management tips, ideas and best practices with Excel formulas and examples at HedgesCompany.com

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Total Automotive Part Numbers, ACES and PIES Data

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The automotive aftermarket has focused a lot on ACES and PIES…
gmroi turn earn

ACES and PIES Data and Total Automotive Aftermarket Part Numbers

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ACES is Application-level data: make/model/year fitment. One…
gmroi turn earn

Turn Earn Calculation and GMROI to Manage Inventory

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The Turn/Earn Index and Gross Margin Return on Inventory (GMROI)…
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How A Price Increase/Decrease Affects Gross Profit vs. Unit Sales

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(Note: if you just need to calculate gross margin or mark up,…
gmroi turn earn

Rule of Three Marketing: Market Share and Market Dynamics

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Why do some companies thrive and dominate their market segment,…
gmroi turn earn

Using the Pareto 80/20 Principle to Analyze your Business and Increase Profits

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Here's how the 80/20 principle can be used to manage your business,…