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Calculate inventory turnover rate. First, calculate your inventory turnover rate. To do this, divide Costs of Goods Sold (COGS) by the average cost of your inventory on hand. If you finished year-end inventory last month, you should have your COGS on hand.This article explains how to calculate COGS.For example: Consider an Amazon third party merchant whose Costs of Goods Sold was $50,000 the first year and kept $5,000 worth of inventory on hand on average.f you finished year-end inventory last month, you should have your COGS on hand. This article explains how to calculate COGS. For example: Consider an Amazon third party merchant whose Costs of Goods Sold was $50,000 the first year and kept $5,000 worth of inventory on hand on average.
If you already have an Inventory Control System and are Using Tags or Labels, just. Click the Using Tags button to read what other companies like yours are doing to improve things, taking advantage of new methods and technology -. If You Would Like a Quote or Ask a Question just Click this Button -.y tagging your logs and lumber, you gain control of your inventoryâ¦it doesnât control you! We talked with many Logging, Sawmill and Lumber companies of all sizes and learned their best, most recent methods of Inventory Control and Tracking.