Published by Sharon Chin on
Mon, Sep 30, 2019 @ 06:09 AM
One of the most exciting parts of the eyecare industry is the ever changing frame fashion trends. We are sure that you are excited for the new frame trends for 2020 and you might even be shopping now. It’s important to keep up with frame trends so you can tailor your frame selection to what your patients want.
That’s one way to make sure that you’re continuously increasing frame sales, but we want to offer you something more quantifiable. Your inventory should always match up with the number of frames you are selling. We'll show you how to calculate your inventory turn rate. See how well your practice is doing now.
Calculate This Important Eyecare Practice Metric
Our step-by-step slideshow here can be repurposed for training sessions with new opticians or during your weekly staff meetings. Take a look at the formula below and calculate your existing turn rate and rates from the past few quarters to chart your growth. You might be surprised by what you find.