Component Sense Blog

Tag: inventory management tool

EMS Finance Directors: How to turn your E&O stock back into cash with our tailored In-Plant solution

EMS Finance Directors:  How to turn your E&O stock back into cash with our tailored In-Plant solution
Is your senior management team committed to driving down excess and obsolete inventory levels? Read on to find out how we can help as Kenny McGee, CEO of Component Sense, highlights how to turn your E&O stock back into cash. Management awareness of the impacts of excess or obsolete (E&O) inventory is vital. Recently the US Supply Chain Resource Cooperative identified a number of characteristics associated with a properly developed excess and obsolete (E&O) inventory strategy published on 20 April 2018 in EPS News. The most obvious of which is.... E&O should be viewed as pure cash. Source: Excess &...

Discover the benefits of our InPlant system today!

Discover the benefits of our InPlant system today!
Why wait for your stock to become obsolete or redundant? The real beauty of our InPlantTM system is that you can sell stock on an ongoing basis when it is excess or slow moving rather than waiting until it is obsolete or redundant. As soon as your forecast takes a dip and you have more stock than you need we can market it the same day. Within seconds we can see your excess stock as a result of us talking to your MRP system (e.g. SAP) and we can market your stock immediately. It is literally live! We have algorithms...

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