Stockouts of MRO and field service consumable inventory rarely come from one big mistake. They come from small breakdowns that repeat.
Point-of-use inventory only works when usage is captured consistently. The best tracking technology is the one your team will actually use in the places inventory gets consumed: the stockroom, the truck, and the jobsite. Here are some factors to consider
This guide covers six inventory management mistakes that cause stockouts, write-offs, and wasted time, plus simple fixes you can implement without a massive overhaul.
eTurns TrackStock has many features that can help distributors and their customers replenish point-of-use inventory more efficiently.
Summary: A definitive guide to defining Min/Maxes and how to calculate them. Learn how modern VMI apps that track usage can optimize your min/max levels and decrease costs.
Contractors who have a significant percentage of their business riding on service trucks are closely familiar with the inventory and record-keeping challenges such mobile offices can present.
A vendor-managed inventory app is used by an industrial or medical distributor to facilitate the VMI process of replenishing onsite inventory at the customers' point-of-use location (where the customer uses the inventory in the course of conducting their operations, as opposed to selling the inventory). VMI apps help distributors and customers share inventory data seamlessly and make replenishment decisions collaboratively. Learn about important features of a VMI app here.
Point-of-use inventory is consumable inventory that is used in the course of business operations and it needs to be managed in a unique way. Here is how to manage POU inventory well.
Inventory management software FAQs
Explore key inventory management and replenishment techniques for consumable supplies and discover how to strategically implement cycle counting.
