Friday, January 31, 2014

Keeping Your Inventory Investment Lean and Mean

The largest investment for most distributors is the inventory on the shelves.  Taking the time to make sure it's lean and mean is a great way to keep cash flow moving and keep your business in top shape.


The tools to do this are always evolving and to take advantage of the latest in data analytics,  The MDS Inventory Management system  offers up these new tools.  Using MDS you can use these tools to help calculate what items should be dumped from inventory and help inventory managers make the case that carrying costs of that inventory exceed the potential profit that that might have actually created.

Tools to help you choose what items to make specials or overstock
  • Inventory analysis kpi and item analysis
  • Dead inventory analysis / KPI 
  • Trending items analysis with trendlines for Number of times ordered , gross profit and carrying cost. 

With our advanced inventory analysis KPI you can now see in real time what percentage of sales an item makes up over what percentage of your inventory cost. This will Easily allow you to visualize items that are costing you more to hold then to sell.

Our Dead inventory KPI (Key performance indicator) gives you the ability to see what items that have been sitting on your shelves over the standard movement cycle for an item (example 180 days ). You can view the macro level in dollars or quantity and drill down to see a specific item that is tagged.

Our trending items analysis and kpi gives you to tools to capture and view trends in item movement based upon key metrics such as number of times orders, gross profit by item or overall sales by dollar or quantity.


Contact Us today to learn how to keep your inventory investment lean and mean. 



For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556.
 Or send a message to sales@tshinc.com

Click here and tell us how we can help you with your business solutions.

Friday, January 24, 2014

To Lot Control or Not Lot Control - Conversion is easy..

Lot and Serial number control are a key element of new regulations about securing the US drug supply chain. But implementing lot control in a warehouse environment can be a sometimes tedious and or problematic process.

Converting an item to lot controlled typically requires warehouse setups, software changes and upgrades and physical label changes for many distributors.
So how can we stay in compliance without crippling warehouse through put and business operations?

The answer is our new MDS Product Lot Conversion Utility.
Rather than take an item off the shelves, remove it from open orders , change sales history or create a new item and transfer inventory. The MDS system now simplifies the process of setting up an item as lot controlled and allows you to convert items on the fly without impacting business operations.

By simply setting up some defaults for your lot or serial controlled item, you can convert you existing inventory to a lot controlled item and move your warehouse over to fully lot and serial number controlled item by item, while shipping goods the whole time..


Contact Us today to learn how to make sure you have a system in place to let you easily and quickly become compliance with state and federal requirements while maintaining your margins and increasing operational efficiency. 



For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556.
 Or send a message to sales@tshinc.com

Click here and tell us how we can help you with your business solutions.

Friday, January 10, 2014

Not Who's watching the store, What's watching the store..

In the old days we used have someone watching the storefront to make sure nothing left the
shelves without someone paying for it.  And today we have little tags on retail products and scanners to make we don't leave the store with items we have not purchased, but for distributors the question now becomes:

Not Who is watching the store, but rather What is watching the store.. 

As a distributor most of you struggle with making sure your profit margins are within the range you expect, but manually checking each invoice is a time consuming and poor solution. So how do you keep watch while allowing your business to grow? 

With our new MDS ProfitWatch System you can have the system watch for items that fall with in a certain Gross Profit Range and either:


  • Alert you to items on Profit Hold via email
  • Create a Daily Report of exceptions
  • Place the Order on hold so that no items will ship
  • Place the Invoice on hold so that you ship the items but can adjust pricing with your sales people.


To complement the complex business logic of  your company the MDS systems offers a matrix of business rules allowing for:


A. Overall Gross Profit High and Low water marks for company
B. Gross Profit High and Low water marks by Product Class
C. Gross Profit High and Low water marks by Product




With Exception handling allowing for:

A. Exemption at the Company Level
B. Exception Items for Specific Customer/Product combinations
C. Exception by Specific Products
D. Exception by Customer

Contact us Today to learn how to make sure you have a system in place to let you grow your business while maintaining your margins. 



For more information on TSH or MDS call The Systems House, Inc. at 1-800- MDS-5556.
 Or send a message to sales@tshinc.com

Click here and tell us how we can help you with your business solutions.