It’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging. Your customer may have great intentions, but, nevertheless, they don’t always treat your inventory as if it’s their own.
In theory, Vendor Managed Inventory (VMI) is a mutually beneficial system for optimizing inventory flows and reducing supply chain costs for vendors and their buyers. VMI refers to a supply chain system in which the vendor takes responsibility for the inventory instead of the buyer....
Stockroom and service truck inventory managers have typically stocked inventory so there’s always product to meet demand, even if it...
If you’re the stockroom inventory manager for an organization with special supplier pricing agreements, you know how labor-intensive it can ...
The Internet of Things (IoT) is a network of physical items with embedded sensors that exchange data with other systems ...
Since COVID-19 hit, demand for essential items skyrocketed, customers closed their facilities to outside sales reps, labor shortages worsened, and ...
With today’s labor shortage, it is important to make stockroom inventory replenishment as efficient as possible. Automating this process with actual ...
Optimizing inventory on hand in a point-of-use location takes knowledge of inventory principles and formulas, as well as the tools ...
If you’re a contractor with a fleet of service trucks, how do you manage your truck inventory and measure whether ...
If you’re a stockroom manager, you know how the past two years have affected your job. With containers full of ...
