5 Features that Simplify Inventory Management for Cell Phone Wholesalers

As a wholesaler of cell phone units, parts, or accessories, you’ve got a lot of different kinds of inventory in multiple locations to keep track of.

Managing a list of serialized inventory is already tough to keep track of, but on top of that you’ve got to deal with unique industry requirements such as ESN tracking - and those are just complications that come with being in the cell phone industry!

As a wholesaler, you want to make sure you are saving the right inventory for your best customers and allocating it appropriately.

Every inventory management is built to help companies ensure they have just enough inventory on hand in the right locations to meet demand. So how do you decide which one is best for you?

It’s simple – you need a system in place that will allow you to track each individual piece of inventory from the moment you receive it from the manufacturers, to the moment it gets into the hands of your customers. In addition, you should look for:

• Allocation
  We know you save product for the customers who do the most business with you – so why not find a system that allows you to set parameters to do for you automatically?
  
  
• Replenishment
  You don’t just want to know how much inventory you have – you want a solution that will keep you at your preferred stocking levels, calculate lead times and reorder as needed across multiple locations.
  
  
• Cycle Counting
  Keep an accurate item count of every type of inventory to lower your required “safety stock” and lower your overhead costs.
  
  
• Traceability
  Define your inventory by lot and serial number and track its entire life cycle.
  
  
• Warehousing
  Multi-location and bin tracking provides you with a holistic view of all your inventory across every physical location.

But inventory management is just one piece of the puzzle. Check out our infographic to see what 5 other business management tools your cell phone units, parts or accessories distribution company should have. Or, check our our ERP for the Cell Phone Industry Video: