Automated Replenishment

Automated Replenishment Software with iPhones, Androids and Tablets

 

 

Real-time visibility into stockroom & truck inventory

eTurns TrackStock Manage is cloud-based software that provides distributors and their customers with real-time visibility into point-of-use inventories and then automates replenishment using Phones, PDAs, RFID or IoT weight sensors. eTurns TrackStock Manage includes all the benefits of eTurns TrackStock Replenish plus the ability to track consumption, which is necessary in order to know on-hand quantities and automate replenishment.  eTurns TrackStock Manage also manages consigned inventories. 

 

 

Optimize inventories to prevent stockouts
  • Whether the inventory is located in stockrooms, service trucks or mobile carts, eTurns TrackStock Manage helps distributors and their customers track quantities on hand and optimize those inventories to prevent stockouts and excess.
  • With eTurns TrackStock Manage, customers scan items as they are used. The software records the usage and constantly compares the quantity on hand to the min/max and does automated replenishment when a minimum is triggered.

 

TrackStock is 10x faster at replenishment than any e-commerce site

Typical steps in the replenishment process (CMI/VMI) Distributor eCommerce Site eTurns TrackStock Replenish
Walk stockroom to visually check item quantities
Decide if an item needs replenishment
Capture an item number Write down Scan with visual and audible feedback
Decide on replenishment quantity and capture it Write down Default reorder quantity automatically included with scan above
Walk to computer  
Login to eCommerce site  
Navigate to order page  
Key in item number  
Decide on price, vendor, etc.  
Customer can comparison shop on Amazon.com, Jet.com, etc.  
Enter quantity  
Add to cart  
Review cart to confirm  
Click/Tap to order
Receive confirmation emails

Benefits:

Distributors decrease procurement costs by up to 100%

Distributors’ customers decrease procurement costs by up to 90%

Distributors report increasing same-customer revenues by over 30%

Customers have reduced inventory levels and carrying costs by up to 73%

Manage consigned or customer-owned inventory

Increase inventory accuracy

Set min/max inventory levels based on actual usage

Eliminate stockouts as well as purchase order paperwork/calls/faxes

Optimize inventory

Powerful dashboard analytics with alerts to drive increasing levels of efficiency

Get customizable reports to pinpoint any transaction

Track usage across multiple remote stocking locations

Replenish based on actual usage

Many inventory management software products use forecasts to determine replenishment timing, but eTurns TrackStock Manage can replenish based on actual usage history and calculate how the Min/Max/Critical levels should be set for all items. 

The user can set how close to the calculated Min/Max he wants to set the levels until comfortable that actual history is an accurate predictor of usage levels. Receive email alerts when items fall below Min & Critical, prompting replenishment orders. TrackStock’s usage-based replenishment optimizes inventory levels by reducing overstock yet maintaining sufficient inventory levels to satisfy demand. This demand is calculated by factoring in things such as distributor lead times and consumption patterns.

Managing consigned inventories is simple with eTurns

TrackStock Manage works for consigned or customer-owned inventories. Managing consigned inventory is easy with eTurns because we capture all usage transactions, allow the distributor to invoice accurately, and provide one set of books for reconciliation.

eTurns powers the automated replenishment value-added services of distributors such as Anixter, Graybar and Rexel

In an increasingly competitive environment, distributors who save their customers time and money with useful value-added services will be able to retain and grow those customer relationships the best. eTurns powers the automated replenishment value-added services that distributors like Anixter, Graybar, and Rexel co-brand and offer to their customers. They have found that it helps them retain customers and even increase revenues by as much as 30%. 

Replenishing through eTurns is 10x faster than manual clipboard/fax methods or e-commerce sites that require sign-in and keying in part numbers. On top of that, TrackStock Manage customers have been able to decrease inventories as much as 73% through optimization. It makes sense that customers are loyal to distributors who are saving them time and money.