Struggling with your inventory of printed collateral and other documents? How about fulfillment items for your marketing kits? If so, you’re not alone, and if you’re not careful, it could hurt your bottom line.
According to Capterra, inventory numbers for most businesses are profit killers. In fact, Capterra finds that businesses keep $1.43 of inventory on hand for every $1 of sales. To make matters worse, the average inventory on hand for businesses of all sizes rose 8.3% between 2000 and 2015.
What’s a marketer to do? Unless you have a highly efficient inventory management system, you might be better off moving to a vendor managed inventory (VMI) model. With VMI, we manage your print and kitting materials for you. We track, manage, and fulfill your documents and kit materials with maximum efficiency, and you save money.
This happens in two ways.
First, we maximize the opportunities for print on demand (POD). By printing only what you need as you need it, you can minimize your warehousing costs or even eliminate them entirely. You can also minimize obsolescence costs. How often does your product information change? Company contacts? Phone numbers? How much do you waste every year throwing things away? Keep that money in your pocket!
Second, if your document management and kitting do require warehousing, we’ve made the investment in a secure, highly efficient inventory management system so you don’t have to. Let us handle the details so you get it right, at the lowest price, without the hassle.
Want to talk to someone about letting us manage your marketing collateral, kitting, and other print and related products for you? Give us a call!