Carrying Costs in Inventory Management: A Guide to Reducing the Cost of Inventory in Your Business
Holding inventory in your warehouse or stockroom is great for ensuring customers have access to what they need, when they ...
Blog Posts
Reducing the Sales Rep's Role in Forecast Errors
Distributor sales reps tend to hoard customer information, often leading to forecasting errors. Learn how to bridge the customer intelligence gap.
How to Reduce Forecast Error: Focus on Usage Data, Not Sales History
To forecast demand and plan inventory needs in their own distribution centers and at customer locations, distribution companies tend to ...
Donald's Column -- eTurns TrackStock Tip: Use Our Customized Barcode Labels
Say goodbye to boring black-and-white, simple barcode labels. Take advantage of customized bar code labels within the eTurns TrackStock automated inventory ...
Why Distributors Should Offer Multi-supplier Replenishment
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.
Reduce PO and invoice costs by over 95% with TrackStock’s consolidated invoicing for consigned inventory
Imagine your customer has 1,000 widgets sitting in consigned inventory in a warehouse. And let’s also say that over the ...
Industrial Supply Magazine Guest Post: When Managing Customer Inventory, Drop That Pencil!
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...
Donald's Column - Tips for Tracking Wire and Cable Inventory
If you deal with fiber optic cable or electrical wire, you’ve probably had this experience: arriving at a job site ...
Can Consigned Inventory Work for You?
To consign, or not to consign? It’s a question that, sooner or later, most distributors will wrestle with. Many distributors resist offering ...
