{"id":3043,"date":"2015-11-30T13:20:23","date_gmt":"2015-11-30T18:20:23","guid":{"rendered":"https:\/\/www.mansfieldplumbing.com\/?page_id=3043"},"modified":"2016-01-04T12:55:55","modified_gmt":"2016-01-04T17:55:55","slug":"gmroi-calculator","status":"publish","type":"page","link":"https:\/\/www.mansfieldplumbing.com\/resources\/gmroi-calculator\/","title":{"rendered":"GMROI Calculator"},"content":{"rendered":"<p><strong><em>Mansfield Plumbing Products is committed to helping your business be profitable. This GMROI Calculator helps illustrate how Mansfield\u2019s consistent availability allows you to keep lower inventory and get a better return on your inventory investment!<\/em><\/strong><\/p>\n<p>GMROI stands for\u00a0<strong>G<\/strong>ross\u00a0<strong>M<\/strong>argin\u00a0<strong>R<\/strong>eturn\u00a0<strong>O<\/strong>n\u00a0<strong>I<\/strong>nvestment. It is a metric used to manage inventory as one would manage an entire business \u2013 the goal is earning the highest possible return per dollar of inventory investment.<\/p>\n<p>GMROI answers the question\u2026 \u201cFor every dollar carried in inventory, how much is earned in gross profit?\u201d<\/p>\n<p>A higher GMROI indicates a better balance of:<\/p>\n<ul>\n<li>Sales<\/li>\n<li>Margin<\/li>\n<li>Inventory Investment<\/li>\n<\/ul>\n<p>The key is a balance:<\/p>\n<ul>\n<li>Enough inventory to not have stock outs, lost sales<\/li>\n<li>Low enough to not tie up cash<\/li>\n<\/ul>\n<p><strong><em>Shorter lead times and consistent availability from vendors means inventory can be kept low and still not miss sales. More inventory turns is more cash in pocket.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mansfield Plumbing Products is committed to helping your business be profitable. This GMROI Calculator helps illustrate how Mansfield\u2019s consistent availability allows you to keep lower inventory and get a better return on your inventory investment! GMROI stands for\u00a0Gross\u00a0Margin\u00a0Return\u00a0On\u00a0Investment. It is a metric used to manage inventory as one would manage an entire business \u2013 the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1641,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-gmroi.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-3043","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/pages\/3043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/comments?post=3043"}],"version-history":[{"count":4,"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/pages\/3043\/revisions"}],"predecessor-version":[{"id":3049,"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/pages\/3043\/revisions\/3049"}],"up":[{"embeddable":true,"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/pages\/1641"}],"wp:attachment":[{"href":"https:\/\/www.mansfieldplumbing.com\/wp-json\/wp\/v2\/media?parent=3043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}