TECH TIPS BY FRIEDMAN: How To Modify A System To Maximize Inventory-based Customer Service And ROI
If you are a PHCP, PVF and/or HVACR distributor who is using inventory management software that can be modified, you may want to change it in a way that will reduce inventory shortages and excess. That, in turn, will increase the level of customer service and decrease inventory investment. Other benefits include reduced purchasing efforts, rush orders, expediting, clearance sales and returns to vendors. Also, warehouse space would be freed up; less effort would be needed for receiving, put-away and counting; and staffing might be reduced.
Listed below are some of the possible changes that can be made to inventory management systems. They are all meant to function automatically, so little or no human intervention is needed.