![]() ![]() The T/E Index can help you evaluate and compare the performance of different products, categories, suppliers, locations, or segments of your business. Gross margin percentage measures how much profit you make from each sale, after deducting the cost of goods sold. Inventory turns to measure how many times you sell and replace your inventory in a given period, usually a year. It is calculated by multiplying inventory turns by the gross margin percentage. The Turn Earn Index (T/E Index) is a metric that balances inventory turnover and gross profit margin. A good inventory management system can help optimize inventory levels, reduce costs, improve customer satisfaction, and increase profitability.īut how do you measure the success of your inventory management system? What are the key performance indicators (KPIs) that you should track and monitor? One of the most useful KPIs for inventory management is the Turn Earn Index (T/E Index). It involves balancing the costs and benefits of holding inventory, such as storage, handling, obsolescence, and opportunity costs, with the revenue and profits generated from sales. Inventory management is a crucial aspect of any business that deals with physical goods. Release Updates Outlined feature updates from our last releases.Help Center Endless support in case you are stuck.OKR Canvas Kick start your OKR implementation right away.Answers (FAQs) Get instant solutions to your queries.OKR Webinars Discover current trends and expert insights.OKR Examples Collection of OKR examples for your business.KPI Library Find the Most Effective KPIs for your business. ![]() eBooks Books sharing our OKR expertise, ideas and insights.OKR University OKR resources for beginners and experts.OKR Certification Iterate Faster with OKRs Coaching & Certification Programs.Why ? Know what customers like you think about us.Case Study Know why 1000s of brands trust.Integrations Integrate easily with all your favorite apps.Employee Engagement Engage, align and inspire your team.Task Management Increase day-to-day productivity.Performance Management Build a high performance team.OKR Management Strategy-execution made easy.Product Overview Know more about our products. ![]()
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