TERMIUM Plus®

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GMROI [2 records]

Record 1 2009-08-10

English

Subject field(s)
  • Marketing
CONT

The completed open-to-buy plan also enables a small retailer to evaluate, before the season starts, critical inventory productivity metric like inventory turnover and gross margin return on investment(GMROI).... [It] establishes the critical benchmarks for evaluating exactly where you are once you get into the season. It's after the season gets underway that an open-to-buy truly earns its keep. In season, key decisions have to be made about what to reorder, what to back off on, and how to allocate any remaining open-to-buy dollars.

Key term(s)
  • open to buy plan

French

Domaine(s)
  • Commercialisation

Spanish

Save record 1

Record 2 1989-06-12

English

Subject field(s)
  • Domestic Trade
CONT

Gross Margin Return on Inventory Investment(GMROI) : 1. objectively relates sales profitability to inventory investment, 2. allows objective comparisons among merchandise universes, and 3. facilitates the objective ranking of inventory investment results at all levels of the merchandise classification hierarchy.

French

Domaine(s)
  • Commerce intérieur

Spanish

Save record 2

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