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 ...
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Forward-thinking distributors are using consignment inventory to ensure their top customers are stocked with the inventory they need – when they need it.
Consigned inventory is stocked and managed at a customer site such as a warehouse, stockroom or jobsite instead of a distributor’s own warehouse, and the distributor does not take payment for it until it is pulled from stock at the customer site.
For distributors, consigned inventory can be a profitable strategy when coupled with the right technology for tracking usage. This is the type of partnership that distributors can initiate with their top income-generating customers. It can be a critical tool in their arsenal to retain and grow business with these customers.
With the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses ...
Read Post
What is cycle counting and how is it different from a physical inventory? While a physical inventory is a comprehensive ...
Read Post
We all know that Covid-19 has caused many companies to increase their online presence to meet growing demands from customers ...
Read PostWith the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses ...
Read PostWhat is cycle counting and how is it different from a physical inventory? While a physical inventory is a comprehensive ...
Read PostWe all know that Covid-19 has caused many companies to increase their online presence to meet growing demands from customers ...
Read PostWith the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses ...
Read PostWhat is cycle counting and how is it different from a physical inventory? While a physical inventory is a comprehensive ...
Read PostWe all know that Covid-19 has caused many companies to increase their online presence to meet growing demands from customers ...
Read PostWith the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses ...
Read PostWhat is cycle counting and how is it different from a physical inventory? While a physical inventory is a comprehensive ...
Read PostWe all know that Covid-19 has caused many companies to increase their online presence to meet growing demands from customers ...
Read PostWith the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses ...
Read PostWhat is cycle counting and how is it different from a physical inventory? While a physical inventory is a comprehensive ...
Read PostWe all know that Covid-19 has caused many companies to increase their online presence to meet growing demands from customers ...
Read Post