The Right Stuff

Managing Inventory to Enable Agility for Manufacturing and Distribution Companies

Inventory is the lifeblood of any manufacturer, brand owner, or wholesale distributor. Managing inventory well is the key to success: driving sales, profitability, cash flow, and customer loyalty. When a manufacturing or distribution business is first getting started, it may be able to get away with minimal inventory management systems and processes. The owner can tell how much of an item they have by simply looking or asking a trusted employee, who remembers where they put everything and knows about how many are left.

 

Here are some things to look for in a solution, to enable businesses of any size to realize advanced inventory management processes and capabilities:

 

   • Replenishment algorithms, optimization, and auto-execution

  Demand-supply alignment

  Single database for inventory

  Simple, future-proof customizability and extensibility

  Scalability

 

Download this whitepaper to learn more.