Ever found yourself in a bind because you didn’t have the right product in stock or had too much of another? Or maybe you’ve been stuck with obsolete inventory taking up valuable space and tying up your cash flow.If any of this sounds familiar, it might be time to take a step back and assess your inventory control situation.Wholesale distributors have particular challenges with inventory due to their business model requiring the stocking of thousands of different stock-keeping units (SKUs).

As an SMB distributor or wholesaler, you know that managing inventory is a delicate balancing act. Too much stock and you’re tying up cash flow needlessly; too little and you risk losing sales.Still today, many small and mid-size wholesale and distribution businesses don’t have the suitable systems and processes in place to effectively manage their inventory. This can lead to stock-outs, lost sales, inaccurate data, and other problems.