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Inventory Management and KPI's

Understanding the health and wellness of your store is important to running a successful firearms retail operation. KPIs, or Key Performance Indicators, can help you to determine if your business is maintaining, growing, or even has an area of concern.

Specifically designed for the firearms retailer, in this course, you will learn how to calculate and apply each of the following 5 Gold Standard KPIs to your store, including:
  • Gross Profit Dollars and Percentage
  • Inventory Turns
  • Inventory Investment Return on Investment
  • Organizational Productivity
  • Gross Margin Return On InvestmentĀ (GMROI)
Duration: appx. 55 minutes
eLearning courses are a member benefit of the NSSF.
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