inventory software

Post 1 to 10 of 24

Inventory Planning Strategies That Support Business Growth

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Without inventory planning as a wholesale distributor, you'll struggle to maintain healthy inventory levels, be profitable and satisfy customers. It can make or break your business if you can't get it right. In order to implement inventory planning, you'll need a number… View More

The Different Aspects of Demand Planning for Distributors

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While there are several factors that affect the health of your supply chain, one of the most important is demand planning.   What is Demand Planning?   Demand planning, which includes the practice of sales forecasting, helps you to order the… View More

How Inventory Forecasting Methods Help Predict Future Demand

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For any business that sells goods, inventory forecasting is a critical tool in your inventory management arsenal. However, it’s not only important for helping you manage stock levels, it’s also key for planning your warehouse layout since you’ll want to make it easy to… View More

How an Automated Inventory Management System Helps to Grow Your Business

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Automating inventory management brings many benefits. It improves inventory management, customer satisfaction and your profitability, for example. However, the challenge lies in implementing it.   To help you understand why automated inventory… View More

How to Use Inventory Analytics to Grow Your Business

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Given that inventory has a significant impact on your cash flow and profitability as a wholesale distributor, it’s imperative that you review inventory-related analytics to ensure you are on the right track.   Maintain too much inventory and you… View More

Why B2B Mobile Marketing Strategy Matters for Wholesale Distributors

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Mobile is no longer the future, it has arrived and is here to stay. Today, we rely on our mobile devices more than ever and for a myriad of reasons. So much so that the number of smartphones is predicted to outpace the number of human beings by 2021, according to… View More

Dead Stock Inventory: How to Avoid This Business Cost

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Even well-run wholesale distribution businesses can’t avoid dead stock. However, with the right inventory management tools and marketing campaigns, you can minimize dead stock, reducing the cost to your business annually.   Because dead inventory… View More

Excess Inventory: What To Do With It & How to Avoid It

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No matter how successful you are at inventory management, at some point you’ll likely experience an excess of stock. Not only are there ways to prevent it, but there are several routes you can take to get rid of it.   In this post, we’ll… View More

Inventory Costing Methods For Wholesale Distributors

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Inventory costing is an accounting-based strategy for assigning value to your inventory. This is important for wholesale distributors as inventory costing helps ensure that your business is and remains profitable.   By… View More

Reorder Point Formula: The Secret to Inventory Management

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Order too much product and you’re stuck with unsold inventory that’s tying up cash. Order too little and you may lose customers due to being out of stock. How does one solve this common conundrum?   Instead of guessing when it’s the… View More

 

 

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