For any warehouse or distribution business dealing with rotating inventory, supply chain management is critical. Being able to properly manage inventory can help your business increase margins and maximize warehouse space – which, you guessed it, boosts profits. This is easier said than done. Vendor managed inventory can be tricky because it isn’t always easy to transfer new inventory to a vendor managed inventory warehouse for future sale. In order to do this, you need a powerful and capable business solution.
AXIO for Distribution powered by Microsoft Dynamics 365/Dynamics AX is that solution. The Advanced Order Management module of AXIO for Distribution makes it easy for your employees to fulfill orders and transfer inventory for future sale and distribution. Warehouse workers can check on the exact product stock and assign a percentage/number of that stock to be moved to a vendor managed warehouse.
Watch as a Distribution expert guides you through the process of vendor managed inventory on AXIO for Distribution.