A case for continuous inventory

By Ray Goodman

Help Vendors Help You
Continuous inventory is advantageous to your vendors as well, because you commit to buying a certain amount during any given season or period. In return, vendors will often provide discounted pricing. Your vendor should also agree to ship your product throughout that period to meet your forecasted demands. This is where you really see the savings of continuous inventory in reduced warehousing costs and decreased back orders. It’s also easier for your vendor to manage inventories rather than provide all the product to you up front.

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Companies:
Direct Tech Inc.

People:
Goodman

Ray Goodman Author's page Ray has been a consultant to various direct marketing companies across the country. His goal is to streamline the merchandising and marketing planning processes inherent in multichannel marketing. He works closely with clients and industry experts to develop new methodologies and tools for merchandising and inventory control. He says, "It's exciting to work with our staff customers to help evolve our applications. I'm proud of the way our staff works together to bring our visions from concept to product." Ray has been with Direct Tech since 1994. His primary responsibility is directing the development of Direct Tech products. He's been a featured speaker on inventory forecasting and management at various industry conferences.

See the Future, Then Stock the Future