IoT Inventory Management: eTurns SensorBins vs Actylus Smart Bin System
In an environment where inventory items are either critical or used at a fast pace, the ability to track inventory ...
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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.
In an environment where inventory items are either critical or used at a fast pace, the ability to track inventory ...
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The cost of storing inventory is much more than the cost of the product itself – it involves carrying costs ...
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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 ...
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Lean management originated in Toyota’s quest for the perfect manufacturing process in the auto industry. In the 1940s, Toyota implemented ...
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One of the hardest tasks for distributors and their customers is to optimize the customers’ inventory levels, ensuring enough quantity ...
Read PostIn an environment where inventory items are either critical or used at a fast pace, the ability to track inventory ...
Read PostLean management originated in Toyota’s quest for the perfect manufacturing process in the auto industry. In the 1940s, Toyota implemented ...
Read PostOne of the hardest tasks for distributors and their customers is to optimize the customers’ inventory levels, ensuring enough quantity ...
Read PostIn an environment where inventory items are either critical or used at a fast pace, the ability to track inventory ...
Read PostLean management originated in Toyota’s quest for the perfect manufacturing process in the auto industry. In the 1940s, Toyota implemented ...
Read PostOne of the hardest tasks for distributors and their customers is to optimize the customers’ inventory levels, ensuring enough quantity ...
Read Post
When implemented correctly, automated replenishment systems help guard against being over-stocked or under supplied. With the significant disruption in the supply ...
Read PostLean management originated in Toyota’s quest for the perfect manufacturing process in the auto industry. In the 1940s, Toyota implemented ...
Read PostOne of the hardest tasks for distributors and their customers is to optimize the customers’ inventory levels, ensuring enough quantity ...
Read PostIn an environment where inventory items are either critical or used at a fast pace, the ability to track inventory ...
Read Post