Job application letter for purchasing administrator Respected Sir, In reference to the recent advertisement in the local newspaper Times Daily, dated 20th MayI am writing to apply for the job post of a purchasing administrator. After extensively researching about your company, I am confident that I possess the needed experience and the skills to match up to your expectations. As you can find from the enclosed resume, I have an experience of more than 5 years of working at the post of a purchasing director at Holmes Company.
It is calculated by dividing the number of units sold by the beginning on-hand inventory for that same time period. The retail sales for a period divided by the average inventory value for that period.
Most retailers are in the range of two to four turns a year.
Simply stated, this formula indicates how much sales volume must be accomplished in order to cover all costs fixed and variableand begin generating a profit. In other words, it is the point in sales volume at which you have no profit and no loss. This is most commonly applied to a business that sells product.
Weeks of Stock Inventory divided by average weekly sales for a given period of time. By the way, what are the odds that the your inventory would sell at the "same rate" week after week.
Maybe this is why clothing stores are always out of my size.
If you do not find enough on this page, you can find books about retail math in the Math for Merchandising Books section. Please utilize these formulas at your own risk.
The Apparel Search Company is "not" comprised of mathematicians. We have simply listed formulas that we have collected over the years. In addition, we have supplemented the listing with information that we have received from our viewers.
If you have additional formulas or you think any of the above formulas are incorrect, please contact us.Tips for writing a cover letter.
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