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 ...
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Many distributors resist offering consigned inventory; the challenges of managing that inventory at a customer’s site is one of the most common reasons for that reluctance. It’s true that managing consigned inventory can be a nightmare, but with the right customers and products, and smart planning, it can also be a dream come true.
It’s also vital to manage consigned inventory with an automated replenishment system – when consigned inventory management is done manually there are too many opportunities for error. But when distributors manage it with an automated replenishment mobile app, same-customer revenues can increase by up to 30 percent.
Using technology to manage consigned inventory also increases accountability at the customer location, providing greater peace of mind for the distributor.
To learn more about eTurns CEO Rock Rockwell’s Do’s and Don’ts for successfully managing consigned inventory, read his guest post in MDM.
Reconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock, and depending on sales reps to ...
Read Post
When optimizing customer inventory, distributors should use actual customer usage data and realistic scenarios that eliminate unnecessary customer expenditures on ...
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Holding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...
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Customer managed inventory (CMI) technology is far faster for inventory replenishment, eliminates price shopping and reduces the risk of error, ...
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Over the past few months, we’ve seen increased interest by medical clinics, EMS organizations and healthcare facilities in our Internet ...
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It’s surprising that so many companies still manage inventory with paper and a clipboard. Imagine how much time your team could ...
Read PostCustomer managed inventory (CMI) technology is far faster for inventory replenishment, eliminates price shopping and reduces the risk of error, ...
Read PostOver the past few months, we’ve seen increased interest by medical clinics, EMS organizations and healthcare facilities in our Internet ...
Read PostIt’s surprising that so many companies still manage inventory with paper and a clipboard. Imagine how much time your team could ...
Read PostCustomer managed inventory (CMI) technology is far faster for inventory replenishment, eliminates price shopping and reduces the risk of error, ...
Read PostIt’s surprising that so many companies still manage inventory with paper and a clipboard. Imagine how much time your team could ...
Read Post
Through automated replenishment at the point-of-use, eTurns helps distributors and their customers gain greater visibility into their inventory — and ...
Read PostCustomer managed inventory (CMI) technology is far faster for inventory replenishment, eliminates price shopping and reduces the risk of error, ...
Read PostIt’s surprising that so many companies still manage inventory with paper and a clipboard. Imagine how much time your team could ...
Read PostThrough automated replenishment at the point-of-use, eTurns helps distributors and their customers gain greater visibility into their inventory — and ...
Read Post