How Automated Inventory Replenishment Can Help Distributors Grow Existing Customer Revenues
For most distributors, growing wallet share among existing customers is a consistent goal – and a constant struggle. But with automated ...
For most distributors, growing wallet share among existing customers is a consistent goal – and a constant struggle. But with automated ...
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.
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.
Inventory management software FAQs
A smart inventory management system leverages the latest technologies to make inventory management more accurate, efficient, and cost-effective.
Leveraging an efficient medical inventory management system is the best way to save practitioner time, prevent stockouts, and provide the best possible care for all patients.
Introduction to Advanced Inventory Management Trends in 2024 (The Evolution Towards AI Inventory Management and Sensor Technology)
Artificial intelligence (AI) tools now permeate virtually every industry and function, and inventory management is no exception. In this article, find out the five key ways that AI can help optimize your stockroom inventory.