Now more than ever, distributors can’t rely on historical sales as a basis for actual customer demand. Forecast error is the difference between the forecast demand and the actual demand. The greater the difference, the greater the impact on your cash.
When optimizing customer inventory, distributors should use actual customer usage data and realistic scenarios that eliminate unnecessary customer expenditures on ...
Holding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...
Distributor sales reps tend to hoard customer information, often leading to forecasting errors. Learn how to bridge the customer intelligence gap.
To forecast demand and plan inventory needs in their own distribution centers and at customer locations, distribution companies tend to ...
Say goodbye to boring black-and-white, simple barcode labels. Take advantage of customized bar code labels within the eTurns TrackStock automated inventory ...
Some distributors still tell me that they are afraid to give their customers a mobile inventory app that would replenish supplies from ALL suppliers. They shouldn’t be.
Imagine your customer has 1,000 widgets sitting in consigned inventory in a warehouse. And let’s also say that over the ...
Inventory management is one of the biggest challenges for distributors. If you’re not managing inventory efficiently, your work process suffers, and you could create stockouts, and sacrifice timely deliveries – maybe even customers...
