Who would benefit from it?
Shops with turnovers over £80,000 could fund the system in 6 months and pay for it in a year.
The average shop in the UK turns over of £125,000 (net). If they improved stock turns from 2 (UK average) to 4 they could reduce their stock by £25,000. If they could increase gross margins from 30% to 34% they could generate an extra £5000 profit - an increase of 12.5%. |