The Secret to Maximizing ROI on Excess Inventory

By Logan Wamsley

The largest equipment manufacturers in the world did not reach their position of industry influence without the ability to market their products to a desired audience. It’s not uncommon for experienced marketing teams to spend years building a detailed profile on their company’s consumer base. No detail in these profiles is too specific, and the…

Partstat Chosen to Maximize Philips’ Excess Inventory Revenue

By Michael Stratton

Philips Ultrasound, modality of the Amsterdam-based technology giant Philips, has contracted a new partner to craft an Inventory Exit Solution for one of the most pressing issues facing the industrial marketplace. Poor management of excess inventory, or “obsolescent inventory,” can consume a sizable portion of a company’s profit margin. Not only can it tie up…