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

It is tax season for your company.  If you are being realistic, chances are you are planning a sizable and painful write-off of dead/excess/obsolete inventory.  To avoid or reduce an inventory write-off in 2021, follow these five tips in 2020...

Member Feedback

"Within minutes of uploading inventory data to WarehouseTWO, we sold something!"

Liz Doucette
Peninsula Hose & Hydraulics Ltd.
St. Catharines, ON Canada
Upcoming Conference / Trade Show

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.
Featured Feature:  ADMINISTRATIVE TOOLS:  Related Items

Are the part numbers in your ERP system exactly as the manufacturer defines them?  (They should be.  Click here for reasons why.)  If not, how are other WarehouseTWO members going to find your items, if your part numbers do not match the part numbers that other members are searching for?

Using Related Items functionality, create cross-references between your part numbers and manufacturer-defined part numbers.  Or cross-reference old-style items that you still have in stock with more current, functionally equivalent items.  The result is that more of your items may appear in search results at WarehouseTWO, increasing the chance of getting a sale.

Click here to learn more about Related Items functionality.
Upcoming Training

Our next round of five different training webinars is scheduled for Wednesday, February 12th and 13th, 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

  "Nearly all employees work because they HAVE too.  Make sure that your employees work for you because they WANT to."

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

Include a valid telephone number in your user record.  WarehouseTWO's email tools (e.g., Broadcast Request, Send Email to Seller) auto-populate the email signature with the sender's telephone number.  Improve the chances of getting a favorable response to your inquiry email by ensuring that your telephone number is displayed in your email.  To add/edit the telephone number listed in your user account, click on the My Account link in the top right-hand corner of any page of our web site (after logging in, of course.)
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

January, 2020
Embrace Inventory-Sharing "Best Practices"

December, 2019
2019 Year-End Re-Cap: Featured Articles, Tips, Etc.

November, 2019
Who at Your Suppliers Can Break the Rules?
Words that Confuse Us at WarehouseTWO

someday :  unspecified time in the future.  "Someday I may win the lottery."
some day :  unspecified but specific day:  "I will play the lottery some day next week."  
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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