BSA introduces availability of inventory sharing tool.
Press Release Summary:
BSA is announcing an internet-based inventory-sharing solution for manufacturers and their networks of authorized distributors developed and conducted by WarehouseTWO®. Individual piles of inventory are virtually combined, increasing channel efficiency. Demand by one party is fulfilled by available inventory owned by another party. More than dumping dead inventory onto others, or living off others' inventory investment, WarehouseTWO is true synergy between peer wholesaler-distributors.
Original Press Release:
BSA Introduces the Availability of New Inventory Sharing Tool
Glen Ellyn, IL-The Bearing Specialists Association (BSA) is pleased to announce a valuable new opportunity for its distributor members and participating manufacturers: an internet-based inventory-sharing solution for manufacturers and their networks of authorized distributors developed and conducted by WarehouseTWO®.
Simply stated, inventory-sharing is formal collaboration of a manufacturer and its authorized wholesaler-distributors. Individual piles of inventory are virtually combined, increasing channel efficiency. Demand by one party is fulfilled by available inventory owned by another party. More than dumping dead inventory onto others, or living off others' inventory investment, WarehouseTWO is true synergy between peer wholesaler-distributors.
BSA 2012 Winter Meeting attendees heard a presentation on the internet-based inventory-sharing solution created for manufacturers and their networks of authorized distributors and identified two key take-aways: first, WarehouseTWO only allows participation by authorized distributors; second, because WarehouseTWO intentionally protects rather than dilutes the manufacturer's distribution channel, it strengthens rather than devalues the manufacturer's brand. WarehouseTWO took the next step by establishing a voluntary advisory group to assist it in identifying appropriate "communities."
BSA is the "must belong to organization for authorized bearing distributors." An international service and educational organization representing a total of almost 100 companies distributing factory-warranted ball and roller anti-friction bearings and invited manufacturers of bearings and related products, the association's mission says, "BSA is the forum to enhance networking and knowledge sharing and promote the sale of bearings through authorized distributors." For more information about the BSA 2012 Annual Convention and/or to register, please visit the convention website, www.bsaconventions.org. For more information on BSA contact the BSA office at (630) 858-3838; fax (630) 790-3095; email info@bsahome.org or visit the association website at www.bsahome.org.
