Inventory Cycle Counting 101: Best Practices & Benefits
Tired of shutting down shipping and receiving each year to complete a physical inventory count? Save time and money by ...
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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
Tired of shutting down shipping and receiving each year to complete a physical inventory count? Save time and money by ...
Read PostIt’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging. Your customer may have great intentions, ...
Read PostThe success of your business hinges on having the supplies and inventory you need, exactly when you need them. Managing ...
Read PostM and L Electrical used to struggle with an ongoing problem of purchasing more material than was truly needed for ...
Read PostIt’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging. Your customer may have great intentions, ...
Read PostThe success of your business hinges on having the supplies and inventory you need, exactly when you need them. Managing ...
Read PostThe success of your business hinges on having the supplies and inventory you need, exactly when you need them. Managing ...
Read PostSummary: Next-gen VMI software allows distributors and their customers to manage inventory-on-hand with IoT weight sensors. Keep track of supplies ...
Read PostQuick Take: Manual cycle counting methods are time-consuming, inefficient and prone to inaccuracies. With digital automation, you can perform stockroom ...
Read PostM and L Electrical used to struggle with an ongoing problem of purchasing more material than was truly needed for ...
Read PostIt’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging. Your customer may have great intentions, ...
Read PostThe success of your business hinges on having the supplies and inventory you need, exactly when you need them. Managing ...
Read PostTired of shutting down shipping and receiving each year to complete a physical inventory count? Save time and money by ...
Read PostM and L Electrical used to struggle with an ongoing problem of purchasing more material than was truly needed for ...
Read PostIt’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging. Your customer may have great intentions, ...
Read PostSummary: Next-gen VMI software allows distributors and their customers to manage inventory-on-hand with IoT weight sensors. Keep track of supplies ...
Read PostSince COVID-19 hit, demand for essential items skyrocketed, customers closed their facilities to outside sales reps, labor shortages worsened, and ...
Read PostAndy Wolfe, SMC’s Director of Inventory Management Services, noticed many of the distributor’s accounts followed the same pattern: “Fire drill” ...
Read PostTired of shutting down shipping and receiving each year to complete a physical inventory count? Save time and money by ...
Read PostThe success of your business hinges on having the supplies and inventory you need, exactly when you need them. Managing ...
Read PostWhat is vendor managed inventory? In theory, Vendor Managed Inventory (VMI) is a mutually beneficial system for optimizing inventory flows and ...
Read PostTired of shutting down shipping and receiving each year to complete a physical inventory count? Save time and money by ...
Read PostM and L Electrical used to struggle with an ongoing problem of purchasing more material than was truly needed for ...
Read PostIt’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging. Your customer may have great intentions, ...
Read PostTired of shutting down shipping and receiving each year to complete a physical inventory count? Save time and money by ...
Read PostM and L Electrical used to struggle with an ongoing problem of purchasing more material than was truly needed for ...
Read PostSummary: Next-gen VMI software allows distributors and their customers to manage inventory-on-hand with IoT weight sensors. Keep track of supplies ...
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