Automated replenishment at the point-of-use for distributors and their customers.
eTurns TrackStock mobile inventory app increases inventory visibility, optimizes inventory, and lowers procurement costs in stockrooms and service trucks.
eTurns TrackStock mobile inventory app increases inventory visibility, optimizes inventory, and lowers procurement costs in stockrooms and service trucks.
Replenish 10x faster than ecommerce sites
Decrease customer inventories by up to 73%
Increase existing-customer revenue up to 30%
Reduce shrinkage and stockouts to near 0
Manage and replenish MRO parts in a simple way with or without an ERP system. Maintain assets.
Manage parts on service trucks. Control project spend. Track multiple tools. Trend consumption.
Stop ordering excess inventory to prevent stockouts. Optimize inventory. Reduce costs. Eliminate stockouts.
manual
semi-automated
automated
semi-automated
Use eTurns TrackStock to replenish customer stockroom or truck inventory at the point-of-use, and get the added benefit of data that can optimize your distribution centers. Know what customers will order which product in what quantity on which day. Regular demand planning software can't tell you that because it doesn't have any visibility into a distributor's customers' stockroom inventory usage. But eTurns does.
Amazon may ship orders quickly, but they don’t do demand-based automated replenishment of repeat orders well. This means that distributors have a huge opportunity to compete against the big guys and win by making automated replenishment based on actual usage an integral part of their value-added services offering and an excellent customer experience.
Here’s why they chose eTurns inventory management software:
Carrying costs are the costs of holding inventory and they typically represent 25-55% of inventory value. eTurns TrackStock uses real-time customer usage data to optimize customer stockroom inventory and distribution center inventory in order to save cash — including from inventory carrying costs.
10x faster replenishment order process than an e-commerce site or manual methods
Using eTurns TrackStock Replenish inventory management app and a phone/scanner, users scan barcodes of items that need replenishment. Information such as item #, location, package quantity, and customer details are all captured with one scan. Tapping "Send PO" sends the orders through eTurns’ cloud directly to the distributor's ERP system. This process eliminates 90% of the time it takes to order from an e-commerce site where customers have to write down and key-in part numbers plus it helps keep customers from price shopping these items on other sites. TrackStock Replenish can be used by either distributor drivers/reps doing VMI or end-customers scanning for themselves (CMI).
Up to 73% reduction in inventory value through optimization. Eliminate stockouts.
A distributor's customers who use TrackStock Manage inventory app to scan the items they use are able to track consumption, fine tune minimum/maximum levels using eTurns' trending recommendations, and therefore optimize inventory levels while avoiding stockouts. By optimizing inventory, eTurns' customers have decreased inventory value by up to 73%. By using eTurns inventory software for automated replenishment and optimization on an ongoing basis, customers can save cash every year by continually operating with lower annual inventory carrying costs.
Replenish based on actual usage, not historical orders
Many ERP and demand planning software products use historical orders to determine when a distributor should replenish customers, but eTurns TrackStock tracks actual customer usage at the point-of-use. This data is tracked by the eTurns TrackStock Precise Demand Planning™ Solution and can be fed to a distributor's ERP or demand planning software in order to eliminate forecast error and optimize distribution centers to save cash.
Real-time visibility into customer inventory.
TrackStock keeps inventory managers in touch with their customers’ inventory by providing visibility and real-time monitoring of the status of all items at all times with any web browser. The TrackStock Dashboard keeps users informed about inventory levels, replenishment orders, min/max settings, turns, analytics and more. Users can set email alerts that are sent when min/max thresholds are breached, prompting automatic replenishment orders.
Reduce procurement costs by over 95% with consolidated batch invoicing for consigned inventory
TrackStock can either: 1) immediately send off the consumption transactions, 2) hold them until a later date by batching them, or 3) consolidate them and send them at a later date. Batching the consigned pulls simply delays sending every individual pull that the customer’s tech did in using the material. Consolidating the pulls means that TrackStock can take all of the pulls for the batch and reduce the number of POs sent to the distributor by sending only one PO per item.
Supplier independent—provide your customers one tool for replenishment
A distributor can offer eTurns TrackStock Replenish inventory management app to customers to replenish all consumables from all suppliers using only one tool. TrackStock will separate items by supplier -- the “sponsoring” distributor’s orders are sent directly from the customer to the distributor’s ERP system for timely replenishment, while other suppliers’ orders are sent through email. Meanwhile, the sponsoring distributor can see within the eTurns Bill of Materials all the items the customer orders from other distributors so they can compete for that business.
Distributors increase same-customer revenues by 30%
eTurns’ distributor customers have found that when they sell more than just products - but the easy replenishment of those products - they are able to increase revenue with those customers by up to 30%. By making replenishment easy with eTurns, customers have no reason to leave, and distributors end up increasing their share of wallet.
Manage consigned inventory easily by tracking usage
eTurns TrackStock Manage helps distributors offer consigned inventory to their customers in a risk-mitigated way. By capturing each consumption transaction, TrackStock Manage allows the distributor to bill based on usage as TrackStock sends those transactions to the distributor’s ERP system. TrackStock also has the ability to hold these consumption transactions and send them weekly or on any schedule depending on customer agreement. Independently, eTurns TrackStock will continuously monitor on-hand quantities to trigger replenishment when the minimums are breached.
Decrease shrinkage 20-40% with service truck inventory management
Manage field service truck inventory with iPhones/Androids and the eTurns TrackStock Truck App. It helps contractors ensure they have the right parts on their trucks in the right quantities and creates work orders in seconds for immediate customer approval. The contractor simply scans out parts and records hours spent by creating an workorder on the Smartphone App. Since eTurns keeps track of what is on the truck, fewer parts disappear. Contractors make more money doing jobs and spend less time running to a store for parts.
"Our company just implemented a 700 scale eTurns eVMI Sensor-managed Inventory Solution at a large powergen manufacturer in Ohio. The customer was very impressed by the nearly $1M stock reduction and access to real-time on-hand inventory data."
Robert Connors
CEO
"We were using a completely manual process that led to a stockroom filled with unused supplies and lots of stuff expiring. Switching to eTurns demonstrated significant change in a short period of time. The value of our inventory on hand was north of $75,000 when we started using the system; now we have around $20,000 sitting on the shelves. The drain on my time has been significantly reduced and continues to improve."
Brian Galowitz
Minnesota Operations Manager, Lakes Region EMS
"If the customer didn’t have eTurns we could not control the consigned inventory at the customer’s location. eTurns provides a great way to record the parts the customer used so we can bill them. Without it, we would have a lot more confusion and negotiations with customers."
Ignacio Valdes
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Read More >“eTurns pays for itself within 1-2 months of each new customer installation and it allows us to stock 35% less inventory at our customers' stockrooms because of the visibility it provides.
“It's user-friendly, has easy navigation, an accessible platform, is versatile, and offers exceptional customer service. It's been great.