For most distributors, growing wallet share among existing customers is a consistent goal – and a constant struggle. But with automated ...
Consigned inventory has the potential to be a very profitable investment. The benefits of consignment inventory include convenient, reliable goods for customers and steady profits for distributors. Below, we discuss consignment inventory best practices and common mistakes....
Contractors who have a significant percentage of their business riding on service trucks are closely familiar with the inventory and record-keeping challenges such mobile offices can present.
Auto-replenishment of point-of-use inventory through usage tracking or cycle counts is how you maintain optimal inventory levels without stockouts.
A vendor-managed inventory app is used by an industrial or medical distributor to facilitate the VMI process of replenishing onsite inventory at the customers' point-of-use location (where the customer uses the inventory in the course of conducting their operations, as opposed to selling the inventory). VMI apps help distributors and customers share inventory data seamlessly and make replenishment decisions collaboratively. Learn about important features of a VMI app here.
Let’s unpack specific examples of AI’s transformative power within the world of inventory and how you can leverage this tech for game-changing profits and growth.
In the latest issue of Contractor Magazine, they reviewed eTurns TrackStock inventory management software.
Point-of-use inventory is consumable inventory that is used in the course of business operations and it needs to be managed in a unique way. Here is how to manage POU inventory well.
The Amazon Smart Shelf was a cool little wireless weight pad for replenishment but alas... it is discontinued. Luckily, for companies that absolutely cannot stock out of inventory, there are still other inventory sensor technologies that can automate replenishment.
The American Fastener Journal spotlights how the newest sensor technology for VMI/CMI inventory management comes from eTurns TrackStock.
