Consignment

IoT Inventory Management: eTurns SensorBins vs Actylus Smart Bin System

    In an environment where inventory items are either critical or used at a fast pace, the ability to track inventory ...

The Benefits of Min/Max Inventory Management

  The cost of storing inventory is much more than the cost of the product itself – it involves carrying costs ...

Guest Post: How Distributors Can Meet Consigned Inventory Cost-Reduction Targets

With the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses ...

Cycle Counting Methods: 4 Tips for Greater Efficiency

  What is cycle counting and how is it different from a physical inventory? While a physical inventory is a comprehensive ...

Distributors and the Shift to Digital Self-Service for VMI and CMI

  We all know that Covid-19 has caused many companies to increase their online presence to meet growing demands from customers ...

How Distributors Can Meet Consignment Inventory Cost Reduction Targets with eTurns

  COVID-19 forced many companies to look inward, reducing unnecessary costs while maintaining great service levels. Distributors don’t want too much consignment ...

6 Best Practices to Win with Consigned Inventory

Forward-thinking distributors are using consignment inventory to ensure their top customers are stocked with the inventory they need – when ...

Inventory Management and Replenishment Apps: 10 Must-Have Features

  In the wake of the significant disruption in the supply chain this past year, many companies are looking to invest ...

How effective min/max inventory management can help your customers optimize their inventory

  What if you as a distributor could give your customers a min/max inventory management tool to tell them exactly how ...

Carrying Costs in Inventory Management: A Guide to Reducing the Cost of Inventory in Your Business

    Holding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...

2 Inventory Management Trends to Watch in 2021

It isn’t hyperbole to say that 2020 hasn’t been a normal year. Along with every other business, distributors have been ...

How to Manage Consignment Inventory: Common Mistakes, Best Practices and Choosing the Right Technology

  By Ron Schroeder, VP of Supply Chain, eTurns             When distributors stock and manage inventory onsite with their ...

Industrial Distribution Guest Post: How Suppliers Use Consigned Inventory to Strengthen Distributor Relationships

  Consignment is helping manufacturers navigate complex supply-chain challenges with distributors' help.   Guest article in Industrial Distribution by eTurns CEO Rock Rockwell   Typically, ...

How Manufacturers Use Consigned Inventory to Strengthen Ties to Distributors

  Typically, when you think about consignment, you think of distributors offering the service to manufacturers so they can save cash ...

4 Causes of Forecast Error and How Distributors Can Avoid Them

Reconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock, and depending on sales reps to ...

How to Prevent Overstocking and Understocking with eTurns’ Min/Max Tuning Slider

  When optimizing customer inventory, distributors should use actual customer usage data and realistic scenarios that eliminate unnecessary customer expenditures on ...

Cash is King: Find it in Your Customers' Inventory and Your Distribution Centers

In the midst of this global pandemic, many distributors are frantically reviewing their business plans and finances to determine their ...

Reducing the Sales Rep's Role in Forecast Errors

Sales reps tend to hoard customer information, often leading to forecasting errors that can hurt both the company and customer. ...

Distributors: Consignment Inventory Management Costs Less Than You Think

Consignment inventory, when distributors stock and manage inventory at a customer’s site, is a fantastic way for a distributor to ...

Donald's Column: 9 Tips for Making the Most of Your eTurns TrackStock

9 eTurns Hidden Gems For Maximizing Inventory Efficiency. eTurns TrackStock has many features that can help distributors and their customers work ...

Donald’s Column: Reduce PO and invoice costs by over 95% with TrackStock’s consolidated invoicing for consigned inventory

Imagine your customer has 1,000 widgets sitting in consigned inventory in a warehouse. And let’s also say that over the ...

MDM Guest Post: Consigned Inventory Doesn’t Have to Be a Nightmare

Many distributors resist offering consigned inventory; the challenges of managing that inventory at a customer’s site is one of the ...

Can Consigned Inventory Work for You?

To consign, or not to consign?   It’s a question that, sooner or later, most distributors will wrestle with.   Many distributors resist offering ...

The American Fastener Journal features an article about how eTurns eVMI is a cost-effective alternative to vending machines for automating VMI.

Automating Vendor-managed Inventory (VMI) within OEM and MRO storerooms is becoming an increasingly important way for distributors and manufacturers to ...