eTurns TrackStock Min/Max Tuning

The eTurns TrackStock Min/Max Tuning dashboard optimizes stockroom and van inventory with actual usage tracking, not historical orders

 

Customer-owned Inventory:

Distributors can provide the eTurns TrackStock Replenish or TrackStock Manage app to their customers as a value-added service, ideal for replenishing and optimizing their inventories. As an included benefit, their customers can use eTurns TrackStockMMT. 

• TrackStockMMT proactively calculates and suggests the optimal minimum and maximum levels for each item based on actual usage. 
• Then, TrackStock MMT quantifies the cash that could be removed from inventory and from annual carrying costs if the customer applied those suggested min/max settings.

 

Consigned Inventory:

Distributors who manage consigned inventory at their customer's locations can also use eTurns TrackStockMMT. 

• TrackStock MMT helps ensure distributors are stocking only the minimum consigned inventory necessary to cover actual customer usage requirements. 
• Once they optimize the inventories in their customer stockrooms, many distributors discover that consignment is much less expensive than they expected.

 

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Here's how eTurns TrackStockMMT works:

• Step 1: Set the parameters on the Min/Max Tuning Dashboard

 

• Step 2: Learn current inventory value as well as optimized inventory value if you were to apply TrackStockMMT's suggested min/maxs, which are calculated from your actual usage at the point-of-use.

 

• Step 3: Learn how much cash you can take out of inventory by using the optimal min/max inventory levels.  Plus, you learn how much cash you can save annually by lowering inventory carrying costs. 

 

• Step 4: Optionally, use our slider bar to set trial scenarios. 
  • For example, try moving 50% closer to the optimized min/max levels and see how much cash you can remove from inventory. 
  • If you want to apply those min/maxes to your actual stockroom, click “apply.” 

 

 

TrackStockMMT is better than ERP software at optimizing inventory at the point-of-use

Traditional ERP software can't measure how much cash can be removed from a distributor's customer's stockroom inventory. That's because it doesn't track on-hand quantities at the customer's point-of-use.

As an alternative, eTurns TrackStock tracks real-time consumption in stockrooms, connexes, service trucks and more. Then, we provide the TrackStockMMT dashboard with suggestions for optimizing specific items, resulting in cash savings. 

 

• Consigned Inventory: Within only 45 days of implementing TrackStock at a distributor’s customer, TrackStock can calculate optimal min/max levels to quantify the exact cash a distributor can remove from consigned inventory at a customer site. 
• Customer-owned Inventory: Within only 45 days of implementing TrackStock,  the Min/Max Tuning solution can tell a distributor’s customer what their optimal min/max levels should be — plus, how much money they could save by implementing those min/max levels.

 

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