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The Logistics and Supply Chain Toolkit: 90 Tools for Transport, Warehousing and Inventory Management The Logistics and Supply Chain Toolkit: 90 Tools for Transport, Warehousing and Inventory Management by Gwynne Richards
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“Inventory turnover ratio A low number here may indicate that either your stock is slow moving or that there may be problems, such as the presence of obsolete stock or low customer demand or order quantities are too high for the demand, resulting in little or no movement. Low numbers are typical in a spare parts operation where stock is held just in case.”
Gwynne Richards, The Logistics and Supply Chain Toolkit: 90 Tools for Transport, Warehousing and Inventory Management