eTurns

eTurns is a leading provider of modern vendor-managed inventory (VMI) software, offering optimized replenishment of onsite inventory through the utilization of scans and sensors. The company's eTurns TrackStock cloud software enables real-time visibility into inventory, automates re-ordering, and optimizes inventories, ultimately maximizing service levels. Notably, eTurns' solutions are 10x faster at replenishment than any e-commerce site, leading to a significant increase in revenues and gross margins for distributors using their services. Founded in 1994 and headquartered in Irvine, California, eTurns caters to a diverse client base, primarily comprising distributors who co-brand the software and offer it as a value-added service to their customers. The company's track record reflects substantial benefits for its users, including distributors witnessing up to a 30% increase in revenues and a 10% rise in gross margins, while customers experience a decrease of up to 73% in their inventory levels. Additionally, eTurns assists in reducing procurement costs by approximately 90%. Furthermore, eTurns' innovative solutions make managing consigned inventory seamless and compatible with or without an ERP/WMS system. The cloud-based delivery model eliminates the need for upfront IT investment, thus ensuring a swift setup process, typically within a few hours. Although there is no recent information regarding their latest investment, eTurns is a noteworthy player in the Information Technology sector, presenting promising opportunities for potential investors and partners.