--- title: Tools to Win the Competitive Bidding War description: Minimize your investment and keep a close eye on inventory levels at supply closets and retail stores. image: https://www.cu.net/hubfs/Stock%20images/The%20Winner%20Is...%20placard%20with%20bokeh%20background.jpeg --- [![TIMS_Logo_Restricted_WHITE_Reverse_Final](https://www.cu.net/hs-fs/hubfs/identity/logos/2023%20Logos/TIMS_Logo_Restricted_WHITE_Reverse_Final.png?width=181&height=50&name=TIMS_Logo_Restricted_WHITE_Reverse_Final.png "TIMS_Logo_Restricted_WHITE_Reverse_Final")](https://www.cu.net/hme) [![TIMS_Logo_Restricted_RGB_Pos_Final](https://www.cu.net/hs-fs/hubfs/identity/logos/2023%20Logos/TIMS_Logo_Restricted_RGB_Pos_Final.png?width=184&height=50&name=TIMS_Logo_Restricted_RGB_Pos_Final.png "TIMS_Logo_Restricted_RGB_Pos_Final")](https://www.cu.net/hme) ** ** # Blog for Home & Durable Medical Equipment Providers We're a completely customizable solution with a dedicated team of software developers in-house. That means we can work together to make sure our system fits your HME/DME business like a (surgical) glove... even if you run things a little differently from others in the industry. Our users aren't confined to a cookie-cutter approach! # Tools to Win the Competitive Bidding War POSTED ON:9 May, 2012 WRITTEN BY: [Computers Unlimited](https://www.cu.net/hme/blog/author/computers-unlimited) Tag: [Competive Bidding](https://www.cu.net/hme/blog/topic/competive-bidding), [Asset Management](https://www.cu.net/hme/blog/topic/asset-management), [Multi-Branch](https://www.cu.net/hme/blog/topic/multi-branch), [Supply Closets](https://www.cu.net/hme/blog/topic/supply-closets), [Inventory Management](https://www.cu.net/hme/blog/topic/inventory-management), [Revenue Cycle Management](https://www.cu.net/hme/blog/topic/revenue-cycle-management) With competitive bidding taking another large bite out of HME businesses' profits, companies are looking for ways to offset the foreseeable losses. As a result, many providers are exploring new ways to increase retail sales and a powerful [inventory management](https://www.cu.net/hme/order-fulfillment-delivery-smart-application-revenue-cycle-management-tims-software) system is essential to this shift to retail. ![TIMS Software - Inventory Management eMail](https://www.cu.net/hs-fs/file-3092934181-jpg/blog-files/tims-software-inventory-mgmt-med.jpg?width=224&height=224&name=tims-software-inventory-mgmt-med.jpg "TIMS Money Saving for Competitive Bidding") [TIMS Inventory Management](https://www.cu.net/hme/order-fulfillment-delivery-smart-application-revenue-cycle-management-tims-software) easily fills this need and helps make the most of this transition with a simple way  to manage new product lines. Quickly realize benefits such as: - **increased productivity with wireless handhelds ** - **superior asset management tools ** - **greater opportunities to expand your business with [multi-branch features](https://www.cu.net/hme/order-fulfillment-delivery-smart-application-revenue-cycle-management-tims-software)** - **improved business insight with better supply management** - **easily monitor and manage inventory turns and cycle counts to keep inventory investments low** - **distinguish between retail stores and stocking points** As your business expands, you can easily add new locations or branches to accommodate growth, allowing you to minimize your investment and keep a close eye on inventory levels at supply closets and retail stores. Just one more way that [TIMS Software](https://www.cu.net/solutions/medical/) can help you alleviate the bite of competitive bidding. [Click here to learn more about additional opportunities about TIMS Inventory Management.](https://www.cu.net/hme/order-fulfillment-delivery-smart-application-revenue-cycle-management-tims-software) Last updated on January 25th, 2021. 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