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Articles

How to Manage Inventory Shortages with IoT Technologies

Rock Rockwell examines several innovative technologies that can help stockroom managers meet today’s inventory management demands.

Technology

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How Distributors Can Deliver Digital Self-Service Through Inventory Management

The pandemic forced distributors to increase their online footprint to meet demands from customers; the result is now the new normal.

Operations

Articles

Slashing Carrying Costs: An Untapped Opportunity for Saving Cash

Rock Rockwell, the CEO of eTurns, shows how distributors can overcome the sudden slowdown of incoming cash flow due to delays of projects, struggling customers, general economic distress or healthcare-related shutdowns.

Operations

Articles

Business Improvement Tactics: MDM’s Top Blogs of September

MDM’s most-read blogs of September 2020 center around capitalizing on ways to enhance your distribution business.

Operations

Articles

How to Provide Low- to No-Touch Inventory Management

Customer managed inventory technology is far faster, eliminates price shopping and reduces the risk of error, says eTurns’ Rock Rockwell.

Technology

Articles

4 Causes of Forecast Error and How Distributors Can Avoid Them

Forecast error — the difference between forecast demand and actual demand — can negatively impact cash flow at a time when distributors want to conserve cash while dealing with coronavirus fallout. Reconsider relying on sales history alone, pre-determined inventory agreements, keeping rare items in stock and depending on sales reps to report market changes.

Beyond the Basics of Inventory Management

There are well-known quick fixes an inventory management solution can bring to a distributor, such as cutting back on disappearing products or eliminating user error from incorrectly typed SKUs on a manual tracking spreadsheet. But the data available from inventory management platforms can also present a long-term strategic opportunity in the form of improved demand planning, exposure of costly trends and even visibility into competitors share of customer spend.

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