white paper wholesale distribution inventory management inventory control vs inventory management in today s competitive business environment wholesale distributors are under constant pressure to increase efficiency customer satisfaction and profit ...
Filetype PDF | Posted on 07 Feb 2023 | 2 years ago
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...White paper wholesale distribution inventory management control vs in today s competitive business environment distributors are under constant pressure to increase efficiency customer satisfaction and profit margins while adapting changing models maintaining accuracy achieving optimal stock levels reorder points determining profitability just some of the demands challenging terms there is a difference between involves knowing what where how much on hand store stockroom or warehouse includes plus all activities surrounding effective sourcing forecasting replenishment every stocking bin location examples instances boosted company bottom line created an instant bill materials bom using item number style configurations this allows tracking at component level which eliminated steps required select build track boms manually activated accrued received goods accurate values balances financial reporting as result research resolve post adjustments general ledger cost sales adjustment accounts we...