Topic: Optimized Inventory

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. 

Oct 26, 2022

How to Calculate Optimal Inventory in Stockrooms and DCs

 Inventory optimization software replenishes stock automatically and manages inventory levels to cut carrying costs and eliminate the risk of stockouts. After only 45 days of use, eTurns’ TrackStock app can suggest optimal minimum and maximum stocking levels based on usage and lead times.