Recent changes in the overseas markets are raising the prices of commodities, which is making buying locally more lucrative.  In addition, according to a joint study conducted by ISIS Research Centre, LOCO BC and Columbia Institute, companies that purchase commodities … Read more

 

Managing inventory isn’t an easy job.  As you’re well aware- making decisions to purchase more inventory that may sit on the shelf for months or years can put your business at risk.  Reduce that risk and maintain efficient inventory levels … Read more

 

Distributors have the challenging task of balancing inventory control against customer needs.  Too much inventory diverts cash away from other business areas and too little can put customer relationships at risk.  We here at RockySoft are dedicated to helping distributors … Read more

 

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Both large and small companies invest an enormous amount of money on inventory every year.  Smaller companies typically track inventory in a manual intensive paper driven process where larger companies have dedicated departments monitoring and tracking inventory.

At a … Read more

 

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This week the House Committee on Energy and Commerce approved the Safeguarding America’s Pharmaceuticals Act of 2013 (H.R. 1919). The bill, if passed by Congress, would introduce a lot-level pedigree model for prescription drugs, for responsible handling and keeping track … Read more

 

How well do you know what products, exactly, you are selling, in what quantities, and when?  Being able to analyze both individual, as well as overall customer buying habits can help you identify trends in product sales.  With the right … Read more

 

If you manage inventory then yes, inventory optimization is right for you.  Maintaining the right level of inventory is important to the success of your supply chain.  Like many other businesses, you can strike the right balance with today’s technology.… Read more

 

Calculating the ideal level of inventory is not always an easy task.  The consequences of running low can be even more troublesome.  Avoid stock-outs and back-orders, without breaking the bank, by keeping inventory at healthy levels.

Determining the right level … Read more

 

Drawing lines between vendors, supply chain, your facilities, and customers can be loopy and confusing.  Using spreadsheets to manage important data is like following a trail of breadcrumbs, it’s inaccurate and fraught with errors.  Software, such as Microsoft Dynamics® GP, … Read more

 

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Have you ever had inventory that expired, was recalled, damaged or even misplaced? If you have, then you understand why it is important to be able to track all of the movements of your inventory within your 4 walls and Read more

 

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