TrackStock Info: Optimize Plan

Nov 28, 2023

ABC Analysis in Medical Inventory Management: 3 Key Considerations

In the effort to strike the delicate balance between keeping inventory optimized and using resources and labor efficiently, many medical institutions utilize an ABC analysis model of inventory management. TrackStock can help you track usage so you can segment your inventory accurately. 

Oct 23, 2023

How to Move from VMI to CMI for MRO Inventory Management

A large airline and an e-commerce company have approached eTurns recently to help them move from a Vendor-manged Inventory model to a Customer-managed Inventory model for managing their MRO inventory more efficiently. Both companies started their projects with supplier and product rationalization. Then they looked for an easy-to-use inventory auto-replenishment app that would help their employees be able to do guided cycle counts and usage tracking with min/maxes that would trigger auto-replenishment to any supplier and optimize their inventory.

Jul 18, 2023

VMI vs. CMI: What to Know About Customer vs. Vendor Managed Inventory

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. 

Jun 22, 2023

The Benefits of Min/Max Inventory Management in 2023

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. 

Jun 7, 2023

VMI: What Is Vendor Managed Inventory? Examples and Solutions

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.