It’s time to put your customers’ needs first. If there’s one thing that every one of your customers has in common is that they are trying to turn a profit. In today’s competitive market, that goal is not always easily achieved. Inventory mismanagement is one of the most common areas of waste costing your customers countless dollars every month. Inventory either sits collecting dust on a shelf, sprouts legs and walks away, or was never even replenished in the first place. The result for your customers? Inventory mismanagement leads to lost production, waste and significant loss of revenue.
If only their trusted distributor could help.
They can. Distributors can swoop in like a superhero and solve customers’ inventory problems almost overnight. With industrial vending and inventory control software, you can manage your customers’ inventory needs more effectively, reduce their consumption and open the door to additional spend you likely weren’t getting before.
Distributors should not be afraid of using vending to help their customers better manage their inventory needs. Rather, they should consider it an opportunity to be a problem solver and embed themselves in customers’ operations.
In “Don’t Confuse Reducing Customers’ Inventory with a Reduction in Profit” published by Modern Distribution Management, 1sourcevend Founder Mark Hill explains why reducing inventory for your customers is a good thing.