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How a Distributor Management System Can Boost Your Sales and Improve Efficiency

Is your distribution business overstocking? Then it’s probably time to make positive changes to your inventory management. Businesses lose sight of the consequences of carrying more stock than is required, and this is a common folly among enterprises big and small. The all-too-obvious risk is that the amount you spend to store inventory just goes up. There are other pitfalls as well. As the expiration dates of these products draw near, depreciation kicks in, which means the value of these goods might take a big hit! Now for the worst part. Trends come and go, so goods held too long in storage, like, say, fashion wear, might have to be sold at a steep discount, junked, or handed to charities. So, a distribution management system is a must.  What if you choose to stock less? Keeping too little stock on hand or keeping the inventory levels as close to zero as possible can also be quite risky. In light of supply shortages and retail customer frustration resulting from such “lean inven...