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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: Sales Force Automation (SFA), Customer Relationship Management (CRM), Customer Service and Support, Channel Management, Data Management and Analysis
Related Industries: Manufacturing, Wholesale Trade
Related Keywords: inventory optimization, system parameterization, physical distribution network, automation and collaboration, IBS, statistical forecast figures, lower inventory costs, inventory management system, competitive distribution industries, inventory calculations
Source: IBS
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