GPS Inventory Solutions

11/23/2021

Happy Thanksgiving from GPS Inventory Solutions!

12/24/2020

Merry Christmas from everyone at GPS Inventory Solutions.

11/24/2020

Happy Thanksgiving from GPS Inventory Solutions.

11/13/2020

An Inventory Bank purchases excess, obsolete, and slow moving inventory (OSMI). The parts are stored in long term storage facilities where it becomes available for sale to the OEM and its authorized distribution network.

“Using our GPS Inventory Bank reduces operating costs and increases efficiencies while maintaining a high level of customer service and long term product support…all which will ultimately increase profitability”, says Loretta Wallace, president of GPS Inventory Solutions.

10/22/2020

Flex Space warehousing

09/23/2020

In our uncertain economy, many companies are looking to reduce inventories as a way to improve cash flows. This usually results in sending excess and slow moving inventory to the scrap yard or dumping material onto the surplus market recovering pennies on the dollar.

However, these same companies find that substantial inventory cuts can have an adverse effect on customer service and production along with being detrimental to their corporate “green” initiatives. Simply scrapping excess materials and sending them to the local landfill does not benefit anyone.

Whenever companies scrap or surplus material, they have little opportunity to recover an item for future use. Minimum purchase requirements from their vendors will force them to order more items than needed which will ultimately recreate their excess material. Long lead times may also be encountered which adversely affects their production and customer service goals.

And, if they sell their excess material into surplus outlets, they may be compromising their product market integrity. Surplus items can end up competing against them and their customers!

A company headquartered in Dallas, Texas has come up with a better solution. It is called the Inventory Bank and it purchases excess, obsolete, and slow moving inventory (OSMI). The parts are stored in its long term storage facilities where it becomes available for sale to the OEM and its authorized distribution network.

“Using our GPS Inventory Bank reduces operating costs and increases efficiencies while maintaining a high level of customer service and long term product support…all of which will ultimately increase profitability”, says Loretta Wallace, president of GPS Inventory Solutions. Adding, “Our Inventory Bank also protects our customer’s market integrity”.

She concludes with saying, "GPS provides profitable solutions for unprofitable inventory."

GPS Inventory Solutions has over 30 years experience managing and distributing a variety of industrial products. They have strategic warehouse locations in the Dallas, TX and Knoxville, TN areas to provide their proven cost effective programs to Manufacturers throughout the U.S.

Call us Toll Free: 800-896-0477

In our uncertain economy, many companies are looking to reduce inventories as a way to improve cash flows. This usually results in se...

08/28/2020

During these uncertain times, many companies are facing daily struggles with cutting costs to offset declining revenues. Now there is an even greater need to identify unprofitable inventory and reduce or even eliminate its carrying costs.

Our GPS Inventory Bank programs will provide these cost reductions while still retaining line item availability for your future customer support requirements.

https://www.slowmovinginventory.biz/2020/08/cost-reductions-to-improve-profits.html

08/17/2020

Stop paying your 3PL to manage unprofitable slow moving inventory.

02/12/2020

BENEFITS TO IMPROVE YOUR BOTTOM LINE
Eliminate Inventory Carrying Costs (25% or more each year)
Cost Avoidance
-No Long Lead Times
-No Sourcing of Materials/Vendors
-No Set Up Costs
-No Disruption of Schedules
-No Minimum Purchase Requirements
Immediate Parts Availability
Frozen Purchase Price – Become More Price Competitive
Receive Your Usual Profit Margins
Increase Profits
Maintain Market and Brand Integrity
Provide Excellent Long Term Product Support
Increase Your Available Warehouse Space
Consolidate ALL Slow Moving Parts into ONE Central Location

01/24/2020

Take back control of your inventory! Contact us today! https://gpsinventorysolutions.com

12/17/2019

https://www.youtube.com/watch?v=Q9dyf6RNKXk

http://www.gpsinventorysolutions.com

11/08/2019

Check out our blog articles for how we can help solve slow moving inventory woes.

Slow moving inventory can hurt your bottom line. We have a solution of how you can free up warehouse space while retaining availability of parts.