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KPI-driven pricing. Businesses can set up a product to align pricing recommendations with performance metrics of interest, for instance, margin, turnover or profit maximization, inventory optimizations, etc. Depending on the use-case, we might incorporate a wide variety of data on weather, traffic, competition, etc.,” says Shartsis.
Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock Inventory management always involves deciding on further actions: Which items should you replenish? What are inventory KPIs? We’ll get back to this metric and break it down in more detail further on. In which quantity? How to approach it?
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