Trunk stock is in reference to Return Solutions that the user already has on hand. This allows the user to use their current stock of appropriate return solutions to return a potential medical device without having to place a brand new order for packaging they are currently not in possession of.
What is trunk stock and why is it important?
Trunk stock is in reference to Return Solutions that the user already has on hand. This allows the user to use their current stock of appropriate return solutions to return a potential medical device without having to place a brand new order for packaging they are currently not in possession of. Truck stock allows users to return medical devices faster.
What is the real trunk stock problem?
Mar 21, 2017 · Trunk stock refers to the inventory professionals must keep on hand when making calls in the field, and that is why effective spare parts inventory management is a must. For example, high-tech electronics’ repair professionals may need to keep extra spare parts with them to facilitate rapid repair or replacement.
What is a trunk show?
The real trunk stock problem originates from a lack of tools and proper processes. The mechanisms to identify, allocate, transfer, track, and replenish inventory at the rep level simply aren’t in place at most organizations. For a majority of companies, trying to obtain trunk stock visibility is simply fighting a losing battle. ...
Why do stores love trunk shows?
Trunk Stock is the inventory that your Field Service Engineers and Sales Reps carry in their vans and trucks (also known as 'Van Stock' or 'Truck Stock'). Many businesses, especially in the Medical Device Manufacturing industry, rely heavily on Trunk Stock. Maintaining control of your items as they move between your employees and your customers ...
What is trunk Stock medical devices?
What does stocks mean on a truck?
How do I know if a car is a stock?
What does touring mean on cars?
A bird's-eye view of your inventory
Break your business down into any number of locations and sub-locations.
View the contents of any location
Assign images, barcodes, and custom fields to your items to quickly find them.
X-ray vision for your products
Scan or select any product in your inventory and see its distribution.
As nouns the difference between trunk and stock
is that trunk is the (usually single) upright part of a tree, between the roots and the branches: the tree trunk while stock is a store or supply.
As verbs the difference between trunk and stock
is that trunk is (obsolete) to lop off; to curtail; to truncate while stock is to have on hand for sale.
Consignment Inventory Management Done Better
Medical device manufacturers have two inventory challenges related to consignment inventory usage that create both logistical challenges and concerns about data accuracy. One is managing inventory in the field, also known as “trunk stock.” It may be stocked at a hospital location or carried by field salespeople.
Mobile Trunk Stock Simplified
Strategic offers two solutions for tackling the problem of trunk stock: the Trunk Stock Module for QAD and the Mobile Trunk Stock Mobile App. The mobile app reduces errors associated with ordering, transferring, shipping, and replenishing inventory in the field and is available for iOS and Android devices.
Get Strategic Experts on Your Side
Let the Strategic team help you with installing, configuring, training, and validating trunk stock at your organization. Our team will get you on a fast path to efficiency.
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Connect with us to learn how Strategic’s Trunk Stock solutions can help your business.
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