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

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 while maintaining great service levels. Because the cost of carrying inventory is 25-55 percent of inventory value each year, efficient distributors realize that the cost savings from reducing consignment inventory are both one-time and ongoing. 

So, how can distributors meet inventory cost-reduction targets this year?

Read eTurns CEO Rock Rockwell's guest post in Industrial Distribution to learn more 

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