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White Paper Description
One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available when they’re needed and not holding too much inventory. So, how is it possible to increase profitability while lowering inventory costs? By exploiting an inventory optimization system, businesses increase automation and collaboration—allowing greater profitability.
Related Topics: Customer Relationship Management (CRM), Channel Management, Customer Service and Support, Field Sales, Sales Force Automation (SFA)
Related Industries: Manufacturing, Wholesale Trade
Related Keywords: IBS, statistical forecast figures, lower inventory costs, inventory management system, competitive distribution industries, inventory calculations, inventory optimization, system parameterization, physical distribution network, automation and collaboration
Source: IBS
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