MODERN DISTRIBUTION MANAGEMENT: DISTRIBUTORS LEFT WITH HIGH LEVELS OF DEVALUED INVENTORY
Modern Distribution Management assesses distributors’ iventory pile up. Are you in a similar position? Check out Grant Howard’s recent Jammin’ with Grant session, Best Practices Inventory Management in Challenging Times: Being the Distributor of Choice.
Modern Distribution Management Excerpt:
The convergence of declining demand and rapidly deflating commodity prices has left many distributors holding onto significantly devalued inventory, no matter how good their inventory management systems were.
Why? Because distributors began stockpiling last year as prices climbed. When the prices plummeted, that stockpile didn’t look quite as good. Inventory levels jumped $6.2 billion in the fourth quarter, according to the U.S. Commerce Department.
Click here to continue reading Jenel Stelton-Holtmeier’s article.