There are some jewelry stock turn killers that you need to be on the lookout for in your jewelry store. Gone are the days when an independent jeweler could bank on the monetary value of their inventory going up every year. Many saw their cases full of gold and diamonds as a type of retirement fund. […]
Why Your Jewelry Stock Turn Slows Down
Understanding why your jewelry stock turn slows down is vital to your jewelry store’s profitability. It is only after we understand why it slows down that we can take the necessary steps to change it. For most independent jewelers their largest asset is their merchandise, thus we have to ensure that it is working hard for us […]
How Jewelry Stock Turn Works For You
How does jewelry stock turn work for your store? It is one thing to see a Key Performance Indicator (KPI) on a sheet of paper, but what does it really mean? How can it help your business and how can you speed it up? Jewelry stock turn is a measure of the effectiveness of your […]