Managing Out-of-Code
In this issue of the Brief, we discuss the strategies and processes we have seen our wholesaler clients use to reduce and manage OOC.
Supplier Management Systems
Managing suppliers to grow sales, properly utilize resources and be a great partner is a key function of every wholesaler.
Operations Labor Management
Operations management has become a more critical and complex aspect of the wholesaler. Today’s wholesaler recognizes that operations is the most significant cost center and provides the largest opportunity for cost improvement and containment.
Inventory Control Systems
Inventory is the wholesaler’s largest liquid asset. Wholesalers are often operating 24 hours a day and major portions of the wholesaler’s workforce are short-term and relatively transient. Inventory control is all about effective process design and definition of responsibilities to minimize the risk of inventory loss.
Service Policy
Service policy is the tool wholesalers use to align their sales, delivery, and merchandising resources to win in the market and achieve company cost and profit goals. Service policy is where overall strategy and overall resource utilization intersect.