TrackStock Info: SensorBins

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. 

Dec 1, 2022

Best Practices for Healthcare Inventory Management

Among the many truths highlighted by the COVID-19 pandemic is that healthcare organizations need precise and reliable inventory management practices. Following a few best practices can prevent unexpected stockouts as well as costly unnecessary overflow in the stock room. 

Nov 25, 2022

3 Steps for Making Vendor Managed Inventory (VMI) Work

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....