March, 2020 
"PIM":  Another Acronym Every Distributor Should Know
Distributors handle large sums of data on a daily basis, more than any other commodity. In many ways, data is the essence of a distributor's business. To thrive in the increasingly competitive e-commerce space, distributors need to understand how to solve their most compelling pain points, such as data management. For this reason, a sturdy and dependable process is needed to handle all information with product content and other business materials to market, sell, and track efficiently. This process is called "PIM".

Member Feedback

"WarehouseTWO always saves us time."

Adrian Balca
Lifco Hydraulics Ltd.
Markham, ON Canada
Upcoming Conferences / Trade Shows

International Fluid Power Exposition
March 10-14, 2020
Las Vegas, NV USA

We will be walking the show, not exhibiting.  Email us if you want to meet up while in Las Vegas.

NAHAD 2020 36th Annual Meeting & Convention
April 24-29, 2020
Nassau, Bahamas
Featured Feature:  ADMINISTRATIVE TOOLS:  Export Member/Location Records

Exporting address and contact information for all other WarehouseTWO members participating in your inventory-sharing communities makes it easier to create customer records and supplier records in your company's business system (ERP) software.  Preloading customer and supplier records in your system makes it easier to buy from and sell to other WarehouseTWO members.

With this data export tool, you can also determine who has "authorized" (SEARCH and POST) access to your communities and who has "unauthorized" (POST only) access.

Refer to pages 12-19 of our DATA EXPORT tutorial PDF for more information.
Upcoming Training

Our next round of five different training webinars is scheduled for Wednesday, June 10th and 11th, 2020.  Click here for session syllabuses and for links to register for any of these webinars.  Space is limited, so register early!
Distribution "Quip" of the Month

  "Best practices are what your competitors were doing two years ago.

Got a favorite work-related quip?  Or a snippet of wisdom applicable to the world of wholesale-distribution?  Share it with us .
WarehouseTWO Tip of the Month

Submit your packing slip to the WarehouseTWO member you just placed an order to, so that he/she can include it in a "direct shipment" to your end-customer.  Email to the seller a printable PDF of the packing slip that your ERP system would have created if you had received the item into your own warehouse.  (To create a valid packing slip, you may have to "fake" receive the item and allocate it to your customer's order.)  By electronically submitting the packing slip to the seller, you can decrease shipping time (and lessen shipping fees), get the item to your end-customer faster, and still have the package appear as if it came from your company.
Referral Rewards Program

The easiest way to get more value from your WarehouseTWO account is to increase participation by other distributors and manufacturers.  Over the years, many of you have been loyal "evangelists", recommending WarehouseTWO to peer distributors, to manufacturers and to associations and marketing groups.

We want to encourage and compensate you for the results of your efforts.  To learn more about our "WarehouseTWO Referral Rewards" program, and how you and your company can benefit, click here.
WarehouseTWO eNews Archives

February, 2020
5 Tips on How Not to Repeat This Year's Inventory Write-Off Next Year

January, 2020
Embrace Inventory-Sharing "Best Practices"

December, 2019
2019 Year-End Re-Cap: Featured Articles, Tips, Etc.
Words that Confuse Us at WarehouseTWO

averse :  having a dislike for, usually followed by the word "to".  Example:  "I am averse to cheap wine."
adverse :  negative or harmful, usually describing a thing.  Example:  "I refuse to believe that eating too much chocolate can have an adverse effect on my health."  
An Explanation of Inventory-Sharing Communities at WarehouseTWO

WarehouseTWO's system of inventory-sharing "communities" serves a unique purpose in enabling "inventory-sharing" among peer wholesalers.  Understanding and leveraging this system can enhance the value of one's WarehouseTWO membership.

Learn more...
Got something to ask or something to say?  Want to learn more about how formalized inventory-sharing with WarehouseTWO can help your company be more successful?  Email us.  Or call us at 1-650-329-1592 (USA Pacific time zone).
Enjoy your day!

Mark Tomalonis
WarehouseTWO, LLC
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