Industry: Distribution

A renewed push toward cost savings is blurring the line between VMI and CMI for many suppliers. With advancements in technology, CMI apps have emerged as a game-changer for suppliers looking for remote inventory management solutions for their customers. Explore what remote inventory management is and learn three valuable tips for effectively implementing it.

Discover five effective inventory optimization solutions to enhance productivity, reduce costs, and deliver exceptional customer service.

Consigned inventory has the potential to be a very profitable investment. The benefits of consignment inventory include convenient, reliable goods for customers and steady profits for distributors. Below, we discuss consignment inventory best practices and common mistakes....

Implementing an efficient construction inventory management system is crucial for the success of any construction project. The following five essential tips can help in streamlining processes, saving costs, and improving efficiency overall. 

When it’s time to check on-hand inventory levels but no one is physically standing in the stockroom or the warehouse, IoT and RFID remote inventory management solutions can be incredibly useful.

The main differences between VMI and CMI come down to who performs the inventory monitoring and places the replenishment orders. One of the greatest similarities between VMI and CMI is that they both run best with the use of inventory management software. Read on to see which would work better in your stockroom. 

Move from vendor-managed inventory (VMI) to customer-managed inventory (CMI) and save big with electronic shelf labels that trigger replenishment.

Summary: A definitive guide to setting stockroom min/max levels based on actual usage data from the point-of-use. This article defines Min/Maxes, how to calculate them, how modern VMI apps that track usage can optimize min/max levels, and what the financial benefits are to letting an auto-replenishment app like eTurns TrackStock dynamically set your optimized min/max levels based on your current usage. 

Vendor-managed inventory (VMI) is a physical products business model where suppliers take responsibility for managing their customers’ inventory levels. Curious about implementing VMI in your business? Learn the essentials of VMI, a few examples, and the steps needed to begin VMI. 

In the midst of this recession, many distributors are pragmatically reviewing their business plans and finances to determine their...