When implemented correctly, automated replenishment systems help guard against being over-stocked or under supplied. With the significant disruption in the supply ...
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.
Efficient distributors realize that the cost savings from reducing consignment inventory are both one-time and ongoing.
Manual cycle counting methods are time-consuming, inefficient and prone to inaccuracies. With digital automation, you can perform stockroom inventory cycle counts or physical inventory counts efficiently. Here are our four tips for greater efficiency in your count process.
The shift to digital self-service paired with more remote interaction with sales reps looks like it is here to stay...
Well-managed kitting services allow distributors to add value and contractors to work more profitably. What is a contractor’s most expensive asset ...
Many progressive OEMs use kitting to increase efficiency and productivity. With kitting, or prefabrication, OEMs save time, eliminate bottlenecks in ...
COVID-19 forced many companies to look inward, reducing unnecessary costs while maintaining great service levels. Distributors don’t want too much consignment ...
Forward-thinking distributors are using consignment inventory to ensure their top customers are stocked with the inventory they need – when ...
Squeeze cash out of inventories with an app that tracks inventory quantities, usage and demand. Here are 10 features that you need in a replenishment app.
