Distributors that specialize in stocking end-of-life and obsolete product components are using innovative inventory management systems to keep track of their varied stock. For example, cloud-based IMS enable inventory management in real time for remote locations. "Distributors who invest in such adaptive IMS are significantly better positioned to manage an effective EOL product offering and have the flexibility to meet each individual customer's demands," writes Cathal Lathrop, senior vice president of operations at Components Direct.

Full Story:

Related Summaries