For companies that sell a product, inventory is a major consideration. The more inventory you have, the more money that’s tied up in a static product. Until you sell the product, that money isn’t ...
High turnover is a sign that something has gone wrong within a company’s culture. It’s typically an indicator of a larger problem, whether it be employee burnout, a lack of competitive compensation, ...
The cost of losing and hiring new employees can be significant for employers. Regardless of the level of the position, hiring a new employee - even entry-level positions - can cause a substantial ...
A high inventory turnover ratio typically means your business is managing stock efficiently. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
Fixed asset turnover is a key metric that helps investors and businesses understand how effectively a company uses its fixed assets to generate revenue. By analyzing this ratio, decision-makers can ...
Some level of employee turnover is natural for all businesses. While employees used to stay with one company for the majority of their careers, job-hopping has become much more common for today’s ...
Business leaders know there’s a strong correlation between low employee turnover and high profitability. But executives whose companies are plagued by high turnover either assume nothing can be done ...
In accounting, turnover refers to how quickly a business collects money from customers and sells the inventory it has on hand. Companies use turnover to measure how well they perform and how ...
Inventory turnover ratio is a key indicator of your company's efficiency. The higher your ratio, the more quickly you're moving items through your inventory, reducing the chance that you'll get stuck ...
A fleet’s ability to retain its drivers is generally seen as a measure of good corporate culture, and a positive outcome of the company’s efforts to make life better for drivers. It’s why we spend a ...
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