What Is Crocs Gross Margin?
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Subsequently, after Crocs success they switched their own planning system with enterprise resource planning (ERP). This software will aid the company with monitoring and managing their supply chain, inventory, finance and etc. This will also eliminate the chance of surplus inventory. Higher margins can afford to keep more inventories in stock and have a lower turnover rate. The margin also gives access to more cash on hand. Crocs ability to move equipment to various contract manufacturers to increase utilization and decrease downtime has a positive impact on their Gross Margin. All this moves were done to increase Crocs profit margin. In order to achieve this objective, Crocs has adopted a strategy that boosts sales (launching worldwide, diversifying