TrackStock Info: Manage Plan

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.

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....

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. 

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. 

It’s an uncomfortable fact – managing consigned inventory at a customer’s location can be challenging.   Your customer may have great intentions, 

Stockroom and service truck inventory managers have typically stocked inventory so there’s always product to meet demand, even if it...

Since COVID-19 hit, demand for essential items skyrocketed, customers closed their facilities to outside sales reps, labor shortages worsened, and ...

With today’s labor shortage, it is important to make stockroom inventory replenishment as efficient as possible.    Automating this process with actual ...

If you’re a contractor with a fleet of service trucks, how do you manage your truck inventory and measure whether ...

Efficient distributors realize that the cost savings from reducing consignment inventory are both one-time and ongoing.