TrackStock Info: Replenish 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. 

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

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 theory, Vendor Managed Inventory (VMI) is a mutually beneficial system for optimizing inventory flows and reducing supply chain costs for vendors and their buyers. VMI refers to a supply chain system in which the vendor takes responsibility for the inventory instead of the buyer....

Manual cycle counting methods are time-consuming, inefficient and prone to inaccuracies. With digital automation, you can perform stockroom inventory cycle counts or physical inventory counts efficiently.  Here are our four tips for greater efficiency in your count process.

The shift to digital self-service paired with more remote interaction with sales reps looks like it is here to stay...

Consignment is helping manufacturers navigate complex supply-chain challenges with distributors' help. Guest article in Industrial Distribution by eTurns CEO Rock Rockwell   Typically, ...

Typically, when you think about consignment, you think of distributors offering the service to manufacturers so they can save cash ...