Distribution Inventory Management

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Distribution Manager

The Distribution Manager (DM) has one of the hardest jobs in manufacturing. Serving as a “traffic director,” accountant, and manager, the DM has more than a full plate. Because the inflow and outflow of inventory never stops (unless the company goes out of business, of course), constantly staying on top of the game is the only way to survive.

Supply Chain Management

“Out of Stock” is the most blasphemous phrase in distribution inventory management. If you don’t provide the consumer with what they want when they want it, then they walk away and you miss out on revenue. Though shortages seem to be a common occurrence in the wholesale and retail space, the job of a DM is to prevent them from ever happening.

The bottom line is that the right inventory needs to be at the right place, in the right amount, at the right time. This is where an inventory management system is a necessity. In one dashboard snapshot, the DM can see inventory levels in multiple warehouses and see where the need is.

Supplier Relations

The difficult part of distribution inventory management is that much of the process is outside the DM’s control. Suppliers play a great role in the quality and timely transportation of inventory. Because of the essential nature of these factors, the DM must choose the best suppliers and maintain good relations with them. All the right pieces need to be in place so that the machine keeps running. You have to “control” what you really cannot control.

Safeguarding Inventory

You don’t know what you’ve lost until you know what you had – and we’re not talking romance here; we’re talking about looking at a mountain of inventory within a warehouse and knowing that it’s all accounted for. The easy thing for an accountant is that money is small enough to count by hand, but for a DM, it’s not so easy. You can’t eyeball your inventory and assume that it’s all there, you have to know. The days of holding a clipboard and manually counting your inventory are over. You need inventory management software.

Relieving the Pain

Fishbowl is to inventory what QuickBooks is to accounting. Fishbowl’s powerful software allows the DM to be able to see the status of all the company’s inventory in one snapshot: reorder points, stock levels, turnover ratios – the DM can see it all. Fishbowl brings clarity to the chaotic world of the Distribution Manager!

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