Build Agile Inventory Management
Distributors are in constant fluctuation when it comes to managing their inventory. The balancing act of leveling the scale to balance the money they have tied up in inventory and customer service levels is a sham. Distributors realize that to be successful in agile inventory management requires a syncretization of both supply & demand data across their global supply chain.
The strategies outlined within this handbook, aim at increasing decision-making agility, can be highly rewarding. In fact, a global pharmaceutical company saved $7 million dollars in 2 years through reductions in working capital, backorders, and penalties.
By following these four best practices Distributors are able to become more agile in their Inventory Management:
- Deploy end-to-end supply chain visibility
- Use real-time analysis to profitably fulfill demand
- Challenge your assumptions with data science
- Keep people in the equation
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Aktion strives to provide excellence in everything we do. By working closely with our customers and vendors, we better understand their needs and provide them with the services they’ve come to expect from Aktion. Serving our ERP customer base for over 20 years, with a level of skill and dedication that has seen us grow to become Infor’s largest North American Channel Partner for Distribution and one of Acumatica’s largest resellers in the United States. Aktion is committed to customer satisfaction.
- 2017 Infor Distribution Partner of the Year
- Largest North American Distribution Partner
Aktion Associates is a national IT system integrator specializing in the Distribution industry.