What's one inventory metric you actually pay attention to?
I used to mostly look at how much stock I had on hand. If the numbers looked healthy, I assumed my inventory was in a good place. After running a small boutique, I've started paying more attention to how quickly products are actually moving.
Having plenty of inventory doesn't mean much if a large part of it has been sitting there for months. I've found that looking at movement gives me a better idea of where my inventory is actually healthy and where I might be holding too much. It also makes decisions like reordering, discounting, or dropping a product much easier.
I also sell both in person and through Shopify, so looking at movement across both channels has become important for deciding what to reorder and what not to bring back. I'm curious what other people actually watch.
Inventory turnover, days on hand, sell-through rate, stock accuracy, dead stock, or something else? What inventory metric gives you the clearest picture of what's really happening in your business, and has it ever changed a decision you were about to make?