How to safely reduce your inventory costs
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How to safely reduce your inventory costs

Warehouse, inventory and operations managers understand that inventory is a capital investment, and that holding too much inventory can result in a wasted investment. 

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Topics: Business Intelligence Basics, Job Role - Inventory/Operations

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How to safely reduce your inventory costs

how-to-safely-reduce-your-inventory-costs

Warehouse, inventory and operations managers understand that inventory is a capital investment, and that holding too much inventory can result in a wasted investment. 

Read more

Topics: Business Intelligence Basics, Job Role - Inventory/Operations

Running a lean warehouse: How to get your inventory levels right

running-a-lean-warehouse-how-to-get-your-inventory-levels-right

Due to the growing global market, warehouse, purchasing, and operations managers are under increased pressure to cut costs and increase efficiency. Today's managers have to control the flow of inventory within their organization, as well as the flow of information along the supply chain. 

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Topics: Job Role - Inventory/Operations

Warehouse managers may not think they need BI, but here’s why they do

warehouse-managers-may-not-think-they-need-BI-here-is-why-they-do

In the past, the only technology that warehouse managers thought they needed was a two-way radio to connect with staff at the shipping dock, and their legacy warehouse management system that was likely installed 20 years ago. Today, warehouses are more than storage spaces and business is moving too quickly to rely on outdated communications tools and unreliable systems.

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Topics: Job Role - Inventory/Operations

Stock Coverage: Do you Have Enough?

Anyone who manages inventory is familiar with stock coverage.  The question is, how do you measure it? 

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Topics: Industry - Wholesale Distribution, Job Role - Inventory/Operations

How to avoid and eliminate dead stock

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Many companies have experienced a dead stock "graveyard" of products that can no longer be sold. Dead stock reduces cash flow that could be used to purchase new revenue-generating stock. It also takes up precious warehouse space that profitable products could occupy. Inventory management strengthens the success of any retail business. In this blog we’ll discuss ways to reduce dead stock.

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Topics: Job Role - Inventory/Operations

How to measure stock on hand, over stock, under stock and dead stock quickly and simply

how-to-measure-stock-on-hand-over-stock-under-stock-and-dead-stock-quickly-and-simply (1)

If you want your retail, distribution or manufacturing business to run smoothly, your inventory must be managed well. Carrying too much stock could be as detrimental to business performance as having too little.

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Topics: Job Role - Inventory/Operations

Delivery in full on time: Why it matters and how you can improve

improve-your-delivery-in-full-on-time-rates-with-business-intelligence

Delivery in full, on time (DIFOT) is a fundamental measure when analyzing the performance of your supply chain. 

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Topics: Job Role - Inventory/Operations

[eBook] How to maximize strategic purchasing decisions with Rebates

Phocas_RebatesReceivables_blog

As competition intensifies for distributors, the successful management and profitability of vendor rebates can be the difference between reaping financial rewards or missing out on claims that are rightfully theirs. 

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Topics: Job Role - Finance, Rebates, Job Role - Inventory/Operations

How to improve stock management in the plumbing and HVAC industry

Plumbing and HVAC businesses must ensure there is enough stock-on-hand to fulfill orders, without being overstocked which results in a financial loss. 

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Topics: Job Role - Inventory/Operations, Industry - HVAC/Plumbing

Successfully growing your food production business

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When hearing the words ‘growing a business’, many executives think of selling more, and thus seeing larger profits.

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Topics: Job Role - Executive, Job Role - Sales, Job Role - Inventory/Operations, Industry - Food and Beverage

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