Embrace Customer Managed Inventory (CMI) in the Era of COVID 19
A Customer Managed Inventory (CMI) program supported by a mobile replenishment app is a better way to replenish inventory than ...
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What if you viewed the last 10 feet of the supply chain differently? What if you saw it instead as the first 10 feet of the demand chain?
When you think about it this way, it puts you, as a distributor, in a new position. You’re no longer reactive. Instead, with that kind of access, you can collect data at the point of use. And with the right technology, you can take that data and calculate demand in real-time. No napkin math required, and no more reliance on generic forecasts from aggregated past orders.
Tracking and replenishing inventory at the point of use automatically gives you the data you need to do the required calculations for actual customer demand: quantity on hand, average daily usage, minimum and maximum. eTurns TrackStock Automated Replenishment App gives distributors actual customer demand information so they can optimize their distribution centers and take cash out.
To learn more about how Precise Demand Planning™ optimized inventory through automated inventory replenishment can help you compete, read this guest article by eTurns CEO Rock Rockwell for Industrial Supply Magazine.
A Customer Managed Inventory (CMI) program supported by a mobile replenishment app is a better way to replenish inventory than ...
Read Post
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 PostReconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock, and depending on sales reps to ...
Read Post
Holding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...
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In the midst of this global pandemic, many distributors are frantically reviewing their business plans and finances to determine their ...
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 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 Post
Imagine if a distributor's “Very Important Customers,” comprising around 80% of revenue, used automated inventory replenishment technology to manage their ...
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Rather than view the last 10 feet of the supply chain as the end of the road – what if ...
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