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Give customers what they want: lower consumption, lower carrying costs and decrease stock-outs.
A year ago, at the beginning of 2018, all indicators suggested that the economic and stock market fundamentals were in place for a year of solid growth in the U.S. economy. And while that turned out to be the case for the first three quarters of the year, as 2018 ended the economic signals became more mixed, suggesting that the economy might be entering a period of slowdown. However, whether we are in for a soft landing or something more painful remains to be seen and depends on a number of moving parts.

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When Jergens Industrial Supply (JIS), a division of Jergens, Inc., first launched its Wi-Fi enabled button-based ordering system JIS Express earlier this year, general manager Matt Schron viewed it as a trial to see if customers would like having an Internet of Things (IoT) solution to manage their inventory. Individual products are paired with a physical button that logs a re-supply request each time a customer pushes it, similar to Amazons Dash button in the consumer market.

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