Keeping Your Inventory Investment Lean and Mean
The largest investment for most distributors is the inventory on the shelves. Taking the time to make sure it's lean and mean is a great way to keep cash flow moving and keep your business in top shape. The tools to do this are always evolving and to take advantage of the latest in data analytics, The MDS Inventory Management system offers up these new tools. Using MDS you can use these tools to help calculate what items should be dumped from inventory and help inventory managers make the case that carrying costs of that inventory exceed the potential profit that that might have actually created. Tools to help you choose what items to make specials or overstock Inventory analysis kpi and item analysis Dead inventory analysis / KPI Trending items analysis with trendlines for Number of times ordered , gross profit and carrying cost. With our advanced inventory analysis KPI you can now see in real time what percentage of sales an item makes up over what ...