Topic: Optimized Inventory

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. 

From emergency dental care to urgent physician appointments, most visit types require consumable inventory. In this article, discover how to use eTurns TrackStock to address common pain points in medical and dental clinic inventory management. 

Explore key inventory management and replenishment techniques for consumable supplies and discover how to strategically implement cycle counting.

Summary: A definitive guide to setting stockroom min/max levels based on actual usage data from the point-of-use. This article defines Min/Maxes, how to calculate them, how modern VMI apps that track usage can optimize min/max levels, and what the financial benefits are to letting an auto-replenishment app like eTurns TrackStock dynamically set your optimized min/max levels based on your current usage. 

Selecting inventory optimization software with features and benefits aligned with your business needs is one of the most consequential steps for efficient stockroom inventory management.

In the effort to strike the delicate balance between keeping inventory optimized and using resources and labor efficiently, many medical institutions utilize an ABC analysis model of inventory management. TrackStock can help you track usage so you can segment your inventory accurately. 

eTurns TrackStock is now offered in the new Amazon Business App Center as the first inventory management app. TrackStock helps Amazon Business customers optimize and automate the replenishment of their stockroom inventory using AI-optimized min/max settings, which can lower inventory, labor, and carrying costs.