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