Maintaining that delicate balance between having enough inventory or having too much can have a bigger impact on your bottom line than you may think. Marketplace and economic conditions, as well as customer demands, can change on a moment’s notice … Read more

 

As your manufacturing or distribution operation grows, you’ll likely expand the number or type of products that you offer to your growing list of customers. New inventory and a corresponding higher volume of transactions can quickly overwhelm home-grown systems or … Read more

 

Keeping close tabs on inventory is necessary for manufacturers to produce the products that customers want, when they want them. Too much inventory can slow cash flow, too little can lead to stock-outs. Forecasting doesn’t have to be difficult and … Read more

 

Manufacturers and distributors have to be able to access accurate data in order to respond quickly to changing economic conditions and customer demands. Spreadsheets and other specialty software can be confusing and overly complicated, which can conceal or skew the … Read more

 

How much do you rely on spreadsheets for critical business data such as inventory levels or inventory planning? If spreadsheets are your only way to know what you have stocked in the warehouse or promised to customers, then you could … Read more

 

Supply chain risk is a serious concern with serious consequences for many manufacturers and distributors. You may have a plan in place when your suppliers can’t deliver, but how well do you know your supplier’s suppliers? The deeper your supply … Read more

 

Many manufacturers provide a line of innovative products in addition to offering service or aftermarket parts and accessories. Manufacturing products often requires a different strategy from the aftermarket parts production; however, that doesn’t mean you need separate management solutions. You … Read more

 

Many manufacturers and distributors utilize multiple warehouses and distribution centers.  Most often viewed as cost center, rather than a profit center, these facilities can offer more than just extra storage or a faster way to drop-ship products to customers.  A … Read more

 

After recent data breaches at major retailers and at Sony, most businesses would be concerned about the theft of customer or employee data.  Obviously credit card, social security, and other personal information is very valuable to cybercriminals.  However, how important … Read more

 

You rely on suppliers and vendors to deliver the quality raw materials that you need for production in order to provide superior products to customers.  However, what happens when deliveries arrive late?  Manufacturing schedules can be delayed and you risk … Read more

 

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