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 ...
Read Post
Holding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...
Read Post
A Customer Managed Inventory (CMI) program supported by a mobile replenishment app is a better way to replenish inventory than ...
Read PostReconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock, and depending on sales reps to ...
Read PostWhen optimizing customer inventory, distributors should use actual customer usage data and realistic scenarios that eliminate unnecessary customer expenditures on ...
Read PostA Customer Managed Inventory (CMI) program supported by a mobile replenishment app is a better way to replenish inventory than ...
Read PostReconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock, and depending on sales reps to ...
Read PostWhen optimizing customer inventory, distributors should use actual customer usage data and realistic scenarios that eliminate unnecessary customer expenditures on ...
Read PostA Customer Managed Inventory (CMI) program supported by a mobile replenishment app is a better way to replenish inventory than ...
Read PostHolding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...
Read Post
Florida Advanced Spine and Sports Trauma Centers (FastMD) is an urgent care center for spine and orthopedic needs with four ...
Read PostA Customer Managed Inventory (CMI) program supported by a mobile replenishment app is a better way to replenish inventory than ...
Read PostReconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock, and depending on sales reps to ...
Read PostWhen optimizing customer inventory, distributors should use actual customer usage data and realistic scenarios that eliminate unnecessary customer expenditures on ...
Read Post