Originally published as a Modern VMI Tips Newsletter on Linked In. Click Here to subscribe. A data-driven vendor-managed inventory (VMI) system—supported by the right app—can be one of the most powerful profit tools on a job site, tracking job costing, consigned inventory, and more.
With inventory scales and sensors, distributors can manage more customers with fewer site visits and less labor.
Lack of visibility can lead to stockouts, rush orders, and higher operational costs. Mobile apps and sensors are a better way to do data-driven MRO inventory auto-replenishment.
Managing wire and cable inventory has long been one of the toughest challenges for contractors and distributors. By combining manufacturer innovations with smarter digital tracking, you can finally gain the visibility you need across warehouses, trucks, and job sites.
Right-size consignment with point-of-use usage data, not guesswork.
I wish more distributors would appreciate how much better it is to do cycle counting versus ordering when they set up their new vendor-managed inventory (VMI) app to manage point-of-use (stockroom, clinic, jobsite, vehicle, etc) inventory for customers.
Simply replenishing inventory based on past sales data isn’t enough anymore, especially when a single misstep can lead to excess inventory, expensive emergency purchases, or stockouts that damage customer relationships.
Efficient min/max inventory management tools can tell distributors exactly how much consignment inventory you should have onsite at your customer. Or these tools could tell your customers exactly how much they should be buying from you based on current usage...
eTurns TrackStock has many features that can help distributors and their customers replenish point-of-use inventory more efficiently.
