WHITE PAPERS

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FEATURED WHITE PAPER

Capitalizing on Advanced Inventory Management
March 2010
Topic: Advanced Inventory Management
Introduction: Distributors of all kinds are now facing challenges to their survival and success as today’s difficult economy puts increasing pressure on inventories.

As competition intensifies, costs rise, customer expectations increase, and profit margins continue to shrink, the margin for error around inventory management has continuously narrowed. Now,
wholesalers/distributors are forced to confront the dilemma associated with inventory. They must
determine how to keep stock levels as low as possible without sacrificing customer service.

Unfortunately, their pain points are increasingly exposed. Whether they are stocking electrical
supplies, medical devices, automotive parts, food and beverage products, building materials, or products from other sectors, most distributors are now challenged to rethink their approaches to inventory management.

While some industry leaders are demonstrating winning strategies and practices, industry laggards are now facing such problems as:

  • - Insufficient controls
  • - Excessive costs
  • - Strained customer service levels

Today’s laggards, however, have an opportunity to enhance operations—and even position
themselves for success in the inevitable economic recovery. As leading distributors have
discovered, new strategies and systems associated with advanced inventory management can
turn an operationally challenged distribution organization into an operationally excellent one.

What’s the payoff?

  • - Exceptional control over the inventory lifecycle
  • - Deep visibility across an extended, multi-warehouse enterprise
  • - Inventory levels that are fully in synch with demand
  • - Reduced costs associated with inventory in stock
  • - Enhanced customer service tied to increasingly optimized fulfillment

Distribution executives—whether they are owners, senior managers, or operational leaders—now have an opportunity to embrace advanced inventory management, increase operational performance, and lay the foundations for profitable growth in the coming years. The only question is: Who will seize the moment?

WHITE PAPER ARCHIVE

Capitalizing on Advanced Inventory Management
A Guide to Selecting an ERP Solution
Conquering Costs and Complexity Through Advanced Warehouse Management Solutions
Standing Up in a Down Economy: Six Strategies for Improving Operations and Profits
Five Keys to World Class Distribution
Gross Profit Optimization Over Continuously Cleansed Data
Optimizing Distributor Profitability
Progress Openedge
Should SOX be in your future?

For more information, contact Distributor’s EDGE.